Welcome to our dedicated page for Monday.Com news (Ticker: MNDY), a resource for investors and traders seeking the latest updates and insights on Monday.Com stock.
monday.com Ltd. reports developments around its AI work platform, financial results, product expansion, and public-company disclosures. The company provides a cloud-based work platform used for work management, CRM, service, software development, and other operational workflows, with AI agents and automation built into the same environment.
Recurring MNDY news includes quarterly and annual earnings, GAAP and non-GAAP profitability metrics, customer and ARR trends, AI product launches such as monday agents, monday sidekick, monday vibe, and agent infrastructure, as well as annual-report filings and shareholder communications. Coverage also includes securities litigation notices and other legal or regulatory developments tied to the company’s revenue outlook and public disclosures.
monday.com (NASDAQ: MNDY), a leading multi-product platform, announced its participation in the J.P. Morgan Global Technology, Media, and Communications Conference. The event will take place on May 21, 2024, at 10:10 am ET. Management will present recent events in a fireside chat format. The presentation will be webcast live and available for replay on monday.com's investor relations website.
monday.com (NASDAQ: MNDY) announced its financial results for Q1 2024, highlighting a substantial revenue increase of 34% year-over-year, reaching $216.9 million. The company also achieved record quarterly free cash flow of $89.9 million. Notably, the number of customers with more than $50k in annual recurring revenue (ARR) grew by 48% year-over-year. Non-GAAP operating income was $21.5 million, with a non-GAAP operating margin of 10%. GAAP net income per share was $0.14, compared to a loss of $0.31 in Q1 2023. The company projects Q2 revenue between $226 million and $230 million and full-year 2024 revenue between $942 million and $948 million, reflecting growth of 29% to 30%. monday sales CRM and monday dev are now accessible to all customers, fueling further account additions. The management expressed confidence in delivering the 'base case' guidance outlined for 2023.
monday.com announced the appointment of Pierre Berlin as the General Manager of Europe, the Middle East, and Africa (EMEA), as part of its hybrid regional structure to support its upmarket motion and global leadership. Berlin will oversee the company's go-to-market strategy in EMEA, focusing on expanding its presence, fostering partnerships, and enhancing its enterprise offering.
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