Monday.com Skyrockets 32% on Strong Q4 Earnings an…
From Financial Modeling Prep: 2025-02-10 12:31:00
Monday.com (NASDAQ:MNDY) stock surged 32% after beating Q4 expectations. Earnings per share reached $1.08, surpassing estimates of $0.79. Revenue hit $268 million, up 32% YoY. Cash and equivalents rose to $1.41 billion. The company plans to leverage AI for growth, aiming to enhance workflow automation and scalability.
The introduction of Service account metrics revealed 378 accounts at year-end, with 214 net additions in Q4. Monday.com is focusing on AI Blocks, Product Power-ups, and an AI-driven Digital Workforce to drive innovation and customer value. Q1 2025 revenue is projected to be between $274 million and $276 million, with full-year 2025 revenue expected to range between $1.21 billion and $1.22 billion.
With strong financial performance and a strategic focus on AI-driven innovation, Monday.com is well-positioned for growth in 2025.
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