Monday.com’s Pretty Good Day
Monday’s can be rough, especially if you’re a pandemic-era software stock that isn’t growing enough to satisfy Wall Street. Luckily for Monday.com, it was able to hurdle over estimates and rise 11%. 👍
The work management platform reported adjusted earnings per share of $0.15, up from last year’s $0.51 loss. Meanwhile, revenues of $189.2 million topped the $182.5 million expected.