Monday.Com Q2 Adj $0.94 Beats $0.56 Estimate, Sales $236.11M Beat $229.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monday.com reported its Q2 earnings with an adjusted EPS of $0.94, surpassing the estimate of $0.56. The company's sales also exceeded expectations, coming in at $236.11 million compared to the estimated $229.00 million.
August 12, 2024 | 11:01 am
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Monday.com reported better-than-expected Q2 earnings with an adjusted EPS of $0.94 and sales of $236.11 million, both surpassing analyst estimates.
The significant beat on both EPS and sales indicates strong financial performance, likely leading to a positive short-term impact on MNDY's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100