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home / news releases / monday com a rapid innovation company

MNDY - monday.com: A Rapid Innovation Company

monday.com Ltd.

2024-05-16 08:50:11 ET

Summary

  • monday.com reported strong Q1 earnings, exceeding expectations with revenue of $217 million, a 34% increase from last year.
  • Net Retention Rate stabilized at 110%, and the company's operating metrics remain healthy with improved operating and free cash flow margins.
  • The SaaS market is transforming and monday.com is strategically responding with new products and AI capabilities.

Introduction

In January 2023, we issued a bullish call on monday.com ( MNDY ), predicting upside potential based on the company’s growth potential and innovative product roadmap....

For further details see:

monday.com: A Rapid Innovation Company
Stock Information
Company Name: monday.com Ltd.
Stock Symbol: MNDY
Market: NASDAQ
Website: monday.com
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