Monday.com Shares Rise on 4Q Revenue Growth, Outlook

Dow Jones

02-10

By Denny Jacob

Monday.com shares rise 23% in premarket trading after revenue surged in its latest quarter and the company projected further top-line growth.

Shares were trading around $317.90. The stock is up 22% over the last year.

The work-management software company logged fourth-quarter revenue of $268 million, a 32% increase from a year earlier. This exceeded estimates of $261.4 million from analysts polled by FactSet.

Monday.com also forecast further top-line growth in its first-quarter and 2025.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

February 10, 2025 08:15 ET (13:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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