Monday.com Stock Soars on Earnings Beat, Customer Additions
Key Takeaways Shares of Monday.com (MNDY) soared Wednesday after the maker of cloud-based workflow software reported a big gain in customers, record free cash flow, and a better-than-expected outlook. The company posted first-quarter adjusted earnings per share (EPS) of 216.9 million, also beating forecasts. Free cash flow was $89.9 million. As of the end of March, the number of customers with more tha ...