Monday.com (MNDY) soars 20% as strong growth drives Q1 revenue beat

Go back to Monday.com (MNDY) soars 20% as strong growth drives Q1 revenue beat

monday.com Announces First Quarter 2024 Results

May 15, 2024 7:00 AM EDT

First quarter revenue of $216.9 million grew 34% year over year
Number of customers with more than $50k ARR grew 48% year over year
Achieved record quarterly free cash flow
monday sales CRM and monday dev now accessible to all customers

NEW YORK & TEL AVIV--(BUSINESS WIRE)-- monday.com (NASDAQ: MNDY), the multi-product platform that runs all core aspects of work, today reported financial results for its first quarter ended March 31, 2024.

Management... More