These Analysts Cut Their Forecasts On Monday.com Following Q2 Results

Monday.com Ltd. MNDY reported a rise in sales for the second quarter on Monday.The software company posted revenue of $299 million, up 27% year over year, driven by strong demand from enterprise customers and growth in its customer base. The company also added a record number of net new customers generating over $100,000 in annual recurring revenue (ARR), while its monday CRM product reached $100 million in ARR just three years after launch.Looking ahead, Monday.com expects third-quarter revenue of $311 mil ...