monday.com jumps after upbeat FY revenue forecast

monday.com

15/05/2024 18:18

** U.S.-listed shares of monday.com  MNDY.O  up 19.4% at
$217.1 in afternoon trading 
    ** MNDY expects FY2024 revenue between $942 million and $948
million, analysts on average, had expected an FY2024 revenue of
$936.9 million - LSEG
    ** Co reports Q1 revenue of $216.9 million, an increase of
34% year-over-year
    ** Including session moves, stock is up ~15.6% YTD
    

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))