Monday.Com Achieves $1 Billion ARR Milestone [Yahoo! Finance]
monday.com Ltd. - Ordinary Shares (MNDY)
Company Research
Source: Yahoo! Finance
Monday.Com Ltd., a technology company specializing in work management platforms, reported strong financial performance in the third quarter of 2024, highlighted by a significant milestone of surpassing $1 billion in annual recurring revenue (ARR). The company's revenue reached $251 million, marking a 33% year-over-year growth with a gross margin of 90%. The net dollar retention rate increased to 111%, reflecting improved customer retention and expansion. The company's strategic initiatives include expanding product offerings, enhancing global presence, and integrating AI capabilities across its platform. As Monday.Com looks to the future, management remains confident in continuing its growth trajectory while adapting to the evolving work landscape. Pfizer Considers Selling Hospital Unit to Free Up Cash and Reduce Debt Trump's Win Is Good News for Alphabet Stock, Says Top Investor ‘Time to Pull the Trigger,' Says Analyst About Lucid Stock
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News
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- CData Launches Free Connect Spreadsheets Product to Simplify Access to Enterprise Data for Excel and Google Sheets Users [Yahoo! Finance]Yahoo! Finance
- Juice Media COO Jessie Segal Named Gold Globee Winner for the 17th Annual 2024 Globee® Awards for Achievement (Women in Business) [Yahoo! Finance]Yahoo! Finance
MNDY
Earnings
- 11/11/24 - Beat
MNDY
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 144
- 11/12/24 - Form 6-K
- MNDY's page on the SEC website