NasdaqGS:MNDYSoftware
monday.com (MNDY) Stock Revenue Climbs While Profitability Tightens
monday.com stock slipped about 1.3% today, a modest pullback for a company often treated as a high growth workflow pure play. The headline is not the share price. The headline is that Q2 revenue reached US$364.6m while net income excluding one off items came in at US$3.5m, a sharp step down from the prior two quarters. For a software platform that trades on its margin story as much as its top line, this profit squeeze is what will shape how investors read the rest of the earnings detail.
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