Monday.Com Expects Q2 Revenue $226M-$230M Vs $225.1M Est
Portfolio Pulse from Benzinga Newsdesk
Monday.com has provided its financial outlook for Q2 FY2024, expecting total revenue between $226 million and $230 million, representing a 29% to 31% year-over-year growth. The company also anticipates a non-GAAP operating income of $17 million to $21 million and a free cash flow of $47 million to $51 million.
May 15, 2024 | 11:06 am
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Monday.com expects Q2 FY2024 revenue between $226 million and $230 million, representing a 29% to 31% year-over-year growth. The company also anticipates a non-GAAP operating income of $17 million to $21 million and a free cash flow of $47 million to $51 million.
The positive revenue and income projections indicate strong financial performance, likely boosting investor confidence and driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100