monday.com Ltd. (MNDY) Tops Q2 EPS by 74c
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Monday.com (MNDY) Explodes 25% After Smashing Views, Analysts Raise Numbers on ‘Blowout Debut Quarter’
August 18, 2021 6:57 AM EDTShares of Monday.com (NASDAQ: MNDY) closed 24.45% higher yesterday after the company presented its first quarterly results as a public company.
MDNY reported a Q2 EPS loss of $0.26, much better than the expected loss of $1.00. Revenue for the quarter came in at $70.6 million versus the consensus estimate of $62.11 million.
On the guidance front, the company sees FY2021 revenue of $280-282 million, versus the consensus of $259 million.
We delivered strong results in our first quarter as a public company, as strong execution and expanding adoption of monday.com Work OS drove... More
