Monday.Com Q1 2024 Adj EPS $0.61 Beats $0.40 Estimate, Sales $216.913M Beat $210.419M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monday.Com (NASDAQ:MNDY) reported Q1 2024 earnings of $0.61 per share, surpassing the analyst estimate of $0.40 by 52.5%. The company also reported sales of $216.913 million, beating the estimate of $210.419 million by 3.09%. This represents a 33.69% increase over the same period last year.
May 15, 2024 | 11:03 am
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Monday.Com reported Q1 2024 earnings of $0.61 per share, beating the analyst estimate of $0.40 by 52.5%. Sales were $216.913 million, exceeding the estimate of $210.419 million by 3.09%. This is a 33.69% increase over the same period last year.
The significant beat on both EPS and sales, along with a strong year-over-year sales increase, is likely to positively impact MNDY's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100