MNDY Earnings Prediction
The chart below shows how MNDY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MNDY sees a -6.70% change in stock price 10 days leading up to the earnings, and a +2.43% change 10 days following the report. On the earnings day itself, the stock moves by +9.27%. This data can give you a slight idea of what to expect for the next quarter's release.
MNDY Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
251.00M
32.67%
6.31%
Gross Margin
89.65%
1.27%
-0.32%
Operating Margin
-1.27%
-4.51%
-267.11%
Net Margin
-4.79%
-220.96%
-179.04%
EPS
-0.24
-260.00%
-188.89%
No Data Available
MNDY Earnings Analysis
monday.com Ltd. Ordinary Shares Corporation (MNDY.O) Earnings Conference Call
Positive
Annual Recurring Revenue Milestone: In Q3 2024, monday.com surpassed $1 billion in annual recurring revenue, marking a significant milestone for the company.
Q3 Revenue Surge: Total revenue in Q3 2024 was $251 million, up 33% from the year-ago quarter, demonstrating strong financial performance.
Net Income Increase: The company achieved a net income of $45 million in Q3 2024, an increase from $33 million in Q3 2023, reflecting improved profitability.
NDR Rate Increase: The NDR (Net Dollar Retention) rate increased to 111% in Q3 2024, indicating strong customer retention and expansion.
R&D Expense Increase: Research and development expenses were $43 million in Q3 2024, or 17% of revenue, compared to 15% in Q3 2023, showing a commitment to innovation and product development.
Negative
Q3 Revenue Increase: Total revenue in Q3 '24 came in at $251 million, up 33% from the year ago quarter.
Net Income Increase: Net income was $45 million in Q3 '24, up from $33 million in Q3 '23.
R&D Expense Increase: Research and development expense was $43 million in Q3 '24 or 17% of revenue, compared to 15% in Q3 '23.
Sales and Marketing Expenses: Sales and marketing expense was $130.3 million in Q3 '24 or 52% of revenue, compared to 54% in Q3 '23.
Administrative Expense Increase: General and administrative expense was $21.4 million in Q3 '24 or 9% of revenue, compared to 8% in Q3 '23.
MNDY FAQs
How does MNDY typically perform around its earnings report dates?
Is monday.com Ltd. (MNDY) Q3 2024 Earnings Call Summary positive or negative?
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MNDY Earning Call Sentiment
monday.com Ltd. (MNDY) Q3 2024 Earnings Call Transcript
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MNDY.O
-0.87%Positive
The earnings call summary indicates strong financial performance, with increased net income and cash flow, and a positive outlook for revenue growth. The Q&A section reveals strong customer retention and demand, despite some concerns about customer additions due to price increases. The company's strategic initiatives, like AI integration and product expansion, are promising. Although there are some uncertainties in management responses, the overall sentiment is positive, with a focus on growth and expansion. The lack of market cap information suggests a moderate prediction, resulting in a positive stock price movement.