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Benzinga

Business

Adam Eckert

REVEALED: Why monday com shares are trading higher | Rare Historical Photos

Nasdaq mondaycom

Monday.com Ltd (NASDAQ:MNDY) shares are trading higher Monday after the company reported better-than-expected financial results and issued guidance above analyst estimates.

Monday.com said first-quarter revenue increased 84% year-over-year to $108.5 million, which beat the $101.22-million estimate, according to data from Benzinga Pro. The company reported a quarterly adjusted loss of 96 cents per share, which beat the estimate for a loss of $1.02 per share.

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