From Yahoo Finance: 2025-05-12 12:48:00

Monday.com Ltd (NASDAQ: MNDY) reported first-quarter results with a revenue growth of 30% year-on-year to $282.3 million, surpassing expectations. Adjusted EPS of $1.10 exceeded the analyst consensus estimate of $0.70. The net dollar retention rate was 112% and 115% for customers with more than ten users. The number of paid customers with over $50,000 in annual recurring revenue rose 38% year over year to 3,444, and the adjusted operating margin increased to 14%. Operating cash flow was $112 million, free cash flow was $110 million, and the company ended the quarter with $1.6 billion in cash and equivalents. Co-CEOs Roy Mann and Eran Zinman highlighted strong revenue growth, record operating profit, and the highest-ever adjusted free cash flow for a single quarter. Monday.com expects fiscal second-quarter 2025 revenue of $292 million to $294 million and an adjusted operating margin of 11% to 12%. The company also expects 2025 revenue of $1.220 billion to $1.226 billion and an adjusted operating margin of approximately 12%. The stock was trading down 0.81% to $276.00.



Read more at Yahoo Finance: Monday.com’s High-Paying Customers Rise 38%, Improves Operating Margin