"Monday.com Q4 Earnings: Revenue Beat, Shares Dip"

1 min read
Source: Investor's Business Daily
"Monday.com Q4 Earnings: Revenue Beat, Shares Dip"
Photo: Investor's Business Daily
TL;DR Summary

Monday.com reported fourth-quarter earnings and revenue that exceeded estimates, but its guidance for MNDY stock only met expectations, causing shares to drop 10%. The software maker's profit rose 48% to 65 cents a share on an adjusted basis, with revenue increasing 35% to $202.6 million. For the current quarter, Monday.com predicted revenue of $209 million, in line with estimates. Despite the drop in shares, MNDY stock had previously climbed 25% in 2024 and holds a Relative Strength Rating of 96 out of 99.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

67%

25483 words

Want the full story? Read the original article

Read on Investor's Business Daily