Monday.com Stock Jumps 5% Following Q2 Beat
<p>Shares of <a href='https://financialmodelingprep.com/financial-summary/MNDY'>Monday.com (NASDAQ:MNDY)</a> experienced a pre-market increase of more than 5% today following the company’s reported Q2 results.</p>
<p>During the quarter, adjusted earnings per share (EPS) were 41 cents, marking a significant improvement compared to the loss of 33 cents per share during the corresponding period in the previous year. This performance exceeded the Street expectation of 17 cents per share.</p>
<p>The company's revenue reached $175.7 million in the second quarter, reflecting a substantial 42% growth compared to the same period in the previous year. This figure also surpassed the projected revenue of $169.2 million. </p>
<p>For Q3, management sees revenue of $181-$183 million, compared to the Street estimate of $178.8 million. For the full year, the company expects revenue of $713-$717 million, above the Street estimate of $704.7 million.</p>

NASDAQ:MNDY