Monday.com (MNDY) stock slumps despite better-than-expected FQ4 report

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Go back to Monday.com (MNDY) stock slumps despite better-than-expected FQ4 report

monday.com Announces Fourth Quarter and Fiscal Year 2023 Results

February 12, 2024 7:00 AM EST

Fourth quarter revenue of $202.6 million grew 35% year over year

Number of customers with more than $50k ARR grew 56% year over year

Achieved record annual non-GAAP operating margin and free cash flow

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- monday.com (NASDAQ: MNDY), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today reported financial results for its fourth quarter and fiscal year ended December 31,... More