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0.000292024091987738 0.000182515057492285 0.00189815659791947 0.0030662529658698 0.00407008578207705 0.00459937944880449 0.00459937944880449 0.00459937944880449
Stock impact report

Monday.com Stock Sinks as Loss Expands [Yahoo! Finance]

monday.com Ltd. - Ordinary Shares (MNDY) 
Company Research Source: Yahoo! Finance
The workforce management software provider posted a wider net loss than estimated. Monday.com announced Adi Dar was the new Chief Operating Officer and said current Chief Revenue Officer Yoni Osherov will be leaving at the end of the year. Monday.com ( MNDY ) shares plunged 18% Monday after the workforce management software maker's operating loss soared and its operating margin tumbled, and it shook up its executive suite. The company reported a third-quarter operating loss of $27.4 million—nearly $25 million greater than in 2023 and more than double estimates of analysts surveyed by Visible Alpha. Operating margin came in at negative 11% versus negative 1% a year ago. Monday.com said cybersecurity specialist Adi Dar was appointed Chief Operating Officer (COO) , and Chief Revenue Officer Yoni Osherov would be stepping down at the end of the year. The company noted a search is under way for Osherov's replacement. In the quarter, Monday.com posted a GAAP loss of $0.24 per sha Show less Read more
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