Monday.Com Q4 Adj. EPS $0.65 Beats $0.32 Estimate, Sales $202.57M Beat $197.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monday.Com (NASDAQ:MNDY) reported Q4 adjusted EPS of $0.65, surpassing the $0.32 estimate, with sales of $202.57M also beating the $197.95M estimate. This represents a significant increase over the previous year's figures.
February 12, 2024 | 12:03 pm
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Monday.Com reported a strong Q4 with adjusted EPS of $0.65 and sales of $202.57M, both exceeding estimates.
The significant beat on both earnings per share and sales estimates for Q4 indicates strong performance and operational efficiency. This outperformance, especially the more than double EPS estimate beat, is likely to positively influence investor sentiment and could lead to a short-term uptick in MNDY's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100