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Software Maker

All articles tagged with #software maker

finance1 year ago

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

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.

business2 years ago

Atlassian's Stock Plummets Despite Strong Q1 Sales and In-Line Forecast

Atlassian, the software maker, reported better-than-expected earnings and revenue for the quarter ending September 30, with revenue increasing 21% year over year. However, the company's shares plummeted 9% in extended trading despite meeting Wall Street's forecast. Atlassian's net loss widened, but its adjusted operating margin improved. The company also announced plans to end support for its Server products in 2024 and encouraged clients to migrate to the Cloud or Data Center tiers. Atlassian's guidance for the fiscal second quarter aligns with expectations, and it raised its adjusted operating margin guidance for the full fiscal year.