Here's Why Monday.com Stock Jumped 19% in May
monday.com(MNDY) The Motley Fool·2024-06-07 10:04
Monday.com stock popped after another strong quarterly report.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.Quarterly earnings were comprehensively impressiveOn May 15, Monday.com reported quarterly revenue of $217 million and adjusted earnings per share of $0.61. Both figures were well above analyst expectations, and the quarterly sales ...