MNDY - monday.com Non-GAAP EPS of -$0.33 beats by $0.42 revenue of $123.7M beats by $5.48M updates FY guidance

• monday.com press release ( NASDAQ: MNDY ): Q2 Non-GAAP EPS of -$0.33 beats by $0.42 .
• Revenue of $123.7M (+75.2% Y/Y) beats by $5.48M .

• Number of Customers with more than $50k ARR grew 147% year over year

• Number of paying accounts from new monday Work OS products surpassed 1,000

• Outlook

• For the third quarter of the fiscal year 2022, monday.com currently expects:

• Total revenue of $130 million to $131 million vs consensus of $125.74M, representing year-over-year growth of 57% to 58%.
• Non-GAAP operating loss of $25 million to $24 million and negative operating margin of 19% to 18%.

• For the full year 2022, monday.com now expects:

• FY Total revenue from prior $488 million - $492 million to $498M-$502M vs consensus of $491.30M,

• Non-GAAP operating loss of $112 million to $108 million and negative operating margin of 22% to 21%.
• Shares +3.18% PM.

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