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Monday.com Stock Tanks Despite Q3 Beat, Raised Outlook
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Monday.com Stock Tanks Despite Q3 Beat, Raised Outlook

  • November 11, 2024
  • 5 Views

Monday.com (MNDY) beat revenue and EPS estimates in Q3 with 33% growth and $0.85, respectively. The net dollar retention rate was 111%, with strong customer growth and retention. The stock price dropped despite positive outlook and analyst upgrade.

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​Monday.com (MNDY) beat revenue and EPS estimates in Q3 with 33% growth and $0.85, respectively. The net dollar retention rate was 111%, with strong customer growth and retention. The stock price dropped despite positive outlook and analyst upgrade.
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