Monday.Com reported first quarter EPS of $1.15, $0.20 better than the analyst estimate of $0.95. Revenue for the quarter came in at $351.3M versus the consensus estimate of $339.31M.
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Monday.com posted better-than-expected financial results and hiked its full-year revenue guidance, boosted by stronger software demand. But the stock tumbled 17% in premarket trading.
monday.com Ltd. reported second-quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares soaring 5.4% in premarket trading.
Project and task management software company Monday.com naturally, on Monday—posted better-than-expected results for its latest quarter.
Shares of Monday.com were rising Monday after the social communication tools company raised full-year guidance.
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