Monday.com (MNDY) reported Q1 non-GAAP earnings Monday of $1.10 per diluted share, up from $0.61 a year earlier.

Analysts polled by FactSet expected $0.70.

Revenue for the quarter ended March 31 was $282.3 million, up from $216.9 million a year earlier.

Analysts surveyed by FactSet expected $275.8 million.

The company said it expects Q2 revenue of $292 million to $294 million. Analysts surveyed by FactSet project $294 million.

For 2025, Monday.com now expects revenue of $1.22 billion to $1.23 billion, compared with its prior outlook of $1.21 billion to $1.22 billion. Analysts polled by FactSet expect $1.21 billion.

The company's shares were up 5.6% in recent premarket activity.