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Monday.Com earnings beat by $0.42, revenue topped estimates

© Shutterstock Monday.Com earnings beat by $0.42, revenue topped estimates

Investing.com – Monday.Com (NASDAQ: MNDY) reported first quarter EPS of $0.14, $0.42 better than the analyst estimate of $-0.28. Revenue for the quarter came in at $162.3M versus the consensus estimate of $155.33M.

Guidance

Monday.Com sees Q2 2023 revenue of $168.00M-$170.00M versus the analyst consensus of $165.30M.

Monday.Com sees FY 2023 revenue of $702.00M-$706.00M versus the analyst consensus of $690.70M.

Monday.Com’s stock price closed at $131.10. It is down -22.88% in the last 3 months and up 24.80% in the last 12 months.

Monday.Com saw 12 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Monday.Com’s stock price’s past reactions to earnings here.

According to InvestingPro, Monday.Com’s Financial Health score is “fair performance”.

Check out Monday.Com’s , and Monday.Com’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Read the full article here

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