By Nicholas G. Miller
Shares of Monday.com jumped after the company reported first-quarter earnings above analysts' expectations.
The stock rose 25% to $90.33 in premarket trading. Through Friday's close, it was down 74% over the past 12 months.
The company reported first-quarter adjusted earnings of $1.15 a share. Analysts polled by FactSet had expected 93 cents a share.
Revenue rose 24% year-over-year to $351.3 million. Wall Street had expected $339.1 million.
The company guided for revenue of $354 million to $356 million for the second quarter and $1.47 billion for the full year. Analysts see second-quarter revenue of $354.2 million and full-year revenue of $1.46 billion.
Write to Nicholas G. Miller at nicholas.miller@wsj.com
(END) Dow Jones Newswires
May 11, 2026 08:40 ET (12:40 GMT)
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