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Here's Why Monday.com Stock Jumped 19% in May
MNDYmonday.com(MNDY) The Motley Fool·2024-06-07 02:04

Shares of Monday.com (MNDY 3.48%) climbed 19.3% last month, according to data from S&P Global Market Intelligence. The workforce management software platform notched another strong quarter, and investors were impressed. On May 15, Monday.com reported quarterly revenue of 217millionandadjustedearningspershareof217 million and adjusted earnings per share of 0.61. Both figures were well above analyst expectations, and the quarterly sales marked an impressive 34% growth over the prior year. Monday.com also reported 110% net revenue retention. The ...