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Stock impact report

Why Monday.com Stock Plummeted by 15% This Week [Yahoo! Finance]

monday.com Ltd. - Ordinary Shares (MNDY) 
Company Research Source: Yahoo! Finance
Investors were focused on a revenue guidance miss, however. 10 stocks we like better than Monday.com › Enterprise software company Monday.com (NASDAQ: MNDY) published its latest quarterly figures on its namesake day, and that set the tone for the rest of the week. Unfortunately, that tone was bearish, as the shares closed the period down more than 15% in value, according to data compiled by S&P Global Market Intelligence Guidance came up short Monday.com actually beat the average analyst estimates for its third quarter . Its revenue, which rose by 26% year over year, came in just shy of $317 million. Image source: Getty Images. On the bottom line, the company reported a profit of $13 million, compared to a year-ago loss of over $12 million, according to generally accepted accounting principles ( GAAP ). On a non-GAAP (adjusted) basis, net income was $1.16 per share, well above the third-quarter 2024 profit of $0.85. The consensus analyst estimates were for revenue of sl Show less Read more
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