monday.com Ltd. (MNDY) Tops Q2 EPS by 42c

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Monday.com Rallies Following Earnings - Analyst Encouraged by 'Solid Execution'

August 8, 2022 4:00 PM EDT

Monday.com (NASDAQ: MNDY) shares jumped Monday after the company's second-quarter earnings topped earnings and revenue estimates.

The cloud-based work management software company reported a second-quarter loss per share of $0.33, $0.42 better than the analyst estimate of a loss per share of $0.75. Furthermore, revenue for the quarter came in at $123.7 million versus the consensus estimate of $118.23 million. Year-over-year, Monday.com revenue grew... More