Monday.com Stock Soars on Earnings Beat, Customer Additions
MNDYmonday.com(MNDY) Investopedia·2024-05-15 22:35

Key TakeawaysMonday.com added customers, set a free cash flow record, and gave better-than-expected guidance.The workspace software provider beat profit and sales estimates in the first quarter.The company said it had strong demand for its products across all ends of the market. 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 ear ...