From StockTwits: 2024-11-10 21:56:28

monday.com, a low code-no code platform, reached $1 million in annual recurring revenue for its “Work” operating system. The company is expected to report non-GAAP EPS of $0.64 and revenue of $246.17 million in Q3. They anticipate revenue between $243 million to $247 million, with an earnings call scheduled for 8:30 am ET. In September, monday.com was recognized as a “Leader in the Gartner Magic Quadrant for Adaptive Project Management and Reporting.” With 57,203 customers and 2,110 employees, the stock has rallied 73% YTD, closing at $324.31. Analysts raised price targets, with Stocktwits users bullish on the stock.



Read more at StockTwits: monday.com To Report Q3 As Stock Trades At 3-Year High: Retail Largely Upbeat