monday.com Sees Q3 Total Revenue $181M-$183M vs $179.36M Est., Sees FY23 Revenue $713M-$717M vs $704.7M Est.
Portfolio Pulse from Benzinga Newsdesk
monday.com has projected its Q3 total revenue to be between $181M-$183M, surpassing the estimated $179.36M. The company also forecasts its FY23 revenue to be between $713M-$717M, higher than the estimated $704.7M.
August 14, 2023 | 11:03 am
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POSITIVE IMPACT
monday.com's higher than expected revenue projections for Q3 and FY23 could positively impact its stock price.
monday.com's revenue projections for Q3 and FY23 are higher than the estimates. This positive financial outlook could increase investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100