TECH - Why Is Monday.com Stock Trading Lower Monday? | Benzinga
Monday.com Ltd (NASDAQ:MNDY) reported fourth-quarter 2023 revenue growth of 35% Y/Y to $202.57 million, beating the consensus of $197.95 million.
The project management software company’s adjusted EPS of $0.65 beat the consensus of $0.32. The stock price plunged after the results.
The net dollar retention rate was 110%, with the net dollar retention rate for customers with more than ten users being 115%.
The number of paid customers with over $50,000 in annual ...