Monday.com (MNDY) reported Q1 adjusted earnings Monday of $1.15 per diluted share, up from $1.10 a year earlier.

Analysts surveyed by FactSet expected $0.93.

Revenue for the quarter ended March 31 was $351.3 million, up from $282.3 million a year earlier.

Analysts expected revenue of $339.1 million.

The company said it expects Q2 revenue of $354 million to $356 million. Analysts surveyed by FactSet expect $354.2 million.

Meanwhile, the company raised its 2026 revenue to now be between $1.466 billion and $1.474 billion, compared with the prior guidance of between $1.45 billion and $1.46 billion. Analysts expect revenue of $1.46 billion.

Shares of the company rose more than 24% in recent Monday pre-bell activity.

Price: 89.51, Change: +17.44, Percent Change: +24.20