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Monday.com's Strong Q1 2024 Results
MNDYmonday.com(MNDY) fool.com·2024-05-15 23:28

Monday.com exceeded management's earnings and revenue expectations for Q1 2024, showcasing impressive revenue growth and product adoption. Monday.com (MNDY 21.37%), a cloud-based work operating system, released its Q1 2024 earnings on May 15, 2024. The company reported revenue of 216.9million,outperformingmanagementsguidancerangeby216.9 million, outperforming management's guidance range by 5.9 million. Non-GAAP operating income was 21.5million,exceedingthetopendoftheexpectedrangeby21.5 million, exceeding the top end of the expected range by 9.5 million. Free cash flow reached $89.9 million, far surpassi ...