NASDAQ:MNDY

monday.com Announces Third Quarter 2023 Results

Retrieved on: 
Monday, November 13, 2023
Hardware, Electronic Design Automation, Security, Data Management, Consumer Electronics, Technology, Audio, Video, Professional Services, Artificial Intelligence, Other Technology, Telecommunications, Software, Networks, VoIP, Internet, Mobile, Wireless, Organization, Bank statement, Exercise, Marketing, Work, ARR, FX, GAAP, Table, Judgement, Growth, Mobile phone, Video game, Reinsurance, Cryptocurrency, Beauty salon, Bank

GAAP operating loss was $2.5 million compared to a loss of $28.2 million in the third quarter of 2022; GAAP operating margin was negative 1% compared to negative 21% in the third quarter of 2022.

Key Points: 
  • GAAP operating loss was $2.5 million compared to a loss of $28.2 million in the third quarter of 2022; GAAP operating margin was negative 1% compared to negative 21% in the third quarter of 2022.
  • Non-GAAP operating income was $24.1 million compared to a loss of $2.2 million in the third quarter of 2022; non-GAAP operating margin was 13% compared to negative 2% in the third quarter of 2022.
  • For the fourth quarter of fiscal year 2023, monday.com currently expects:
    Total revenue of $196 million to $198 million, representing year-over-year growth of 31% to 32%.
  • For the full year 2023, monday.com currently expects:
    Total revenue of $723 million to $725 million, representing year-over-year growth of 39% to 40%.

monday.com to Announce Third Quarter 2023 Financial Results on Monday, November 13, 2023

Retrieved on: 
Monday, October 23, 2023
Data Management, Apps, Applications, Technology, Software, Networks, Internet, News, Work, Telephone, Organization, Monday.com, Cryptocurrency

Information about monday.com ’s financial results, including a link to the live webcast of the conference call, will be made available on monday.com ’s investor relations website at https://ir.monday.com .

Key Points: 
  • Information about monday.com ’s financial results, including a link to the live webcast of the conference call, will be made available on monday.com ’s investor relations website at https://ir.monday.com .
  • The live call may also be accessed via telephone at +1 (646) 968-2525 or +1 (888) 596-4144 (toll-free).
  • Please reference conference ID: 6714642.
  • An archived webcast can be accessed from the News & Events section of monday.com ’s Investor Relations website following the call.

monday.com Announces Appointment of General Manager of APJ and Hybrid Regional Structure

Retrieved on: 
Tuesday, October 3, 2023
Data Analytics, Data Management, Professional Services, Technology, Software, APJ, Monday, Monday.com, Senior, Work, Multimedia, Kmart, GM, CRM, ANZ, Growth, Tourism Australia, Video game, Management

This announcement supports monday.com’s new hybrid regional structure, implemented on September 1, 2023.

Key Points: 
  • This announcement supports monday.com’s new hybrid regional structure, implemented on September 1, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231003982192/en/
    Dean Swan, monday.com's General Manager of APJ (Photo: Business Wire)
    Previously Regional Vice President of APJ, in his new role as General Manager of APJ, Swan will join monday.com’s Chief Revenue Officer (CRO) leadership team and support monday.com’s new hybrid regional structure.
  • As part of the CRO organisation evolving, monday.com is establishing a hybrid regional structure to empower the regions while providing a strong connection to core global functions.
  • “This shift to a hybrid regional model is the natural next step to take monday.com and the CRO organisation to the next level.

monday.com Announces Appointment of General Manager of North America and Hybrid Regional Structure

Retrieved on: 
Tuesday, October 3, 2023
Data Analytics, Data Management, Professional Services, Technology, Software, APJ, Monday, Monday.com, Senior, Work, Lead, Multimedia, Organization, GM, CRM, Growth, Region, SVP, Online shopping, Fine chemical

As part of the CRO organization evolving, monday.com is establishing a hybrid regional structure to empower the regions while providing a strong connection to core global functions.

Key Points: 
  • As part of the CRO organization evolving, monday.com is establishing a hybrid regional structure to empower the regions while providing a strong connection to core global functions.
  • To support this structure, monday.com has promoted Jamison Powell to GM of North America and the company’s first Senior Vice President of Sales.
  • “This shift to a hybrid regional model is the natural next step to take monday.com and the CRO organization to the next level.
  • While certain functions will remain global, the power behind this new structure brings a level of uniqueness to each region.

monday.com Named a 2023 Gartner® Magic Quadrant™ Leader for Adaptive Project Management and Reporting

Retrieved on: 
Friday, September 22, 2023
Data Analytics, Data Management, Professional Services, Technology, Software, Communication, Monday, Monday.com, OS, Work, Research, Data analysis, Publication, Magic, Growth, Magic Quadrant, Gartner

monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organisations of any size can create the tools and processes they need to manage every aspect of their work, announced that it has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting (APMR).

Key Points: 
  • monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organisations of any size can create the tools and processes they need to manage every aspect of their work, announced that it has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting (APMR).
  • This is the second time monday.com has been recognised as a Leader in the Gartner Magic Quadrant for APMR, which is in its second year.
  • The evaluation was based on the specific criteria that analysed the company’s overall ‘ability to execute’ and ‘completeness of vision’.
  • “We believe that being recognised as a Leader in the Gartner Magic Quadrant for APMR solidifies monday.com as a vital partner for project managers and business leaders,” says Yoni Osherov, Chief Revenue Officer, monday.com.

monday.com Named a 2023 Gartner® Magic Quadrant™ Leader for Adaptive Project Management and Reporting

Retrieved on: 
Wednesday, September 20, 2023
Software, Technology, Networks, Data Management, Communication, Monday, Monday.com, OS, Work, Research, Organization, Data analysis, Publication, Magic, Growth, Magic Quadrant, Mobile phone, Gartner

This is the second time monday.com has been recognized as a Leader in the Gartner Magic Quadrant for APMR, which is in its second year.

Key Points: 
  • This is the second time monday.com has been recognized as a Leader in the Gartner Magic Quadrant for APMR, which is in its second year.
  • The evaluation was based on the specific criteria that analyzed the company’s overall ‘ability to execute’ and ‘completeness of vision’.
  • “We believe that being recognized as a Leader in the Gartner Magic Quadrant for APMR solidifies monday.com as a vital partner for project managers and business leaders,” says Yoni Osherov, Chief Revenue Officer, monday.com.
  • We remain focused on ensuring that our products can successfully enable our enterprise customers to cultivate cross-functional collaboration.

monday.com Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Tuesday, August 22, 2023
Technology, Software, Organization, Work, News, Cryptocurrency

monday.com (NASDAQ: MNDY), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today announced that members of its management team are scheduled to participate in upcoming investor conferences.

Key Points: 
  • monday.com (NASDAQ: MNDY), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today announced that members of its management team are scheduled to participate in upcoming investor conferences.
  • Details for each event are as follows:
    The presentations will cover recent events in fireside chat format with research analysts, and will be webcast live on monday.com’s investor relations website at http://ir.monday.com .
  • Replays of the presentations will be available on the website under the News and Events section.

monday.com Announces Second Quarter 2023 Results

Retrieved on: 
Monday, August 14, 2023
Software, Technology, Artificial Intelligence, Data Management, Exercise, Monday, Table, Marketing, Bank statement, OS, Work, GAAP, Judgement, Organization, FX, ARR, CRM, Growth, AI, Video game, Cryptocurrency, Customer service, Beauty salon, Bank

monday.com (NASDAQ: MNDY), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today reported financial results for its second quarter ended June 30, 2023.

Key Points: 
  • monday.com (NASDAQ: MNDY), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today reported financial results for its second quarter ended June 30, 2023.
  • “We saw healthy customer demand in the second quarter, reflecting our commitment to rapid innovation,” said monday.com founder and co-CEO, Roy Mann.
  • GAAP operating loss was $12.2 million compared to a loss of $46.2 million in the second quarter of 2022; GAAP operating margin was negative 7% compared to negative 37% in the second quarter of 2022.
  • Non-GAAP operating income was $16.6 million compared to a loss of $15.4 million in the second quarter of 2022; non-GAAP operating margin was 9% compared to negative 12% in the second quarter of 2022.

monday.com Enhances Core Data Infrastructure with mondayDB

Retrieved on: 
Wednesday, July 26, 2023
Internet, Data Management, Apps, Applications, Technology, Software, API, Organization, Growth, OS, Work, Data analysis, Monday.com, Workflow, Elasticity, Mobile phone, Video game

A new data infrastructure created and tailored to the multi-product platform's unique requirements, mondayDB was built to improve performance, scale, and stability for all customers.

Key Points: 
  • A new data infrastructure created and tailored to the multi-product platform's unique requirements, mondayDB was built to improve performance, scale, and stability for all customers.
  • Shifting our infrastructure to mondayDB was a herculean effort and our team successfully mitigated any and all risks from the process, all while delivering mondayDB 1.0 ahead of schedule.
  • mondayDB 1.0 has successfully set the necessary infrastructure to ensure seamless and optimized rollouts of upcoming releases.
  • In the first half of 2024, mondayDB will provide increased scale for the entirety of the Work OS platform with the release of mondayDB 2.0.

monday.com to Announce Second Quarter 2023 Financial Results on Monday, August 14, 2023

Retrieved on: 
Monday, July 24, 2023
Technology, Mobile, Wireless, Audio, Video, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Security, Consumer Electronics, VoIP, Telephone, Organization, Work, Monday.com, News, Cryptocurrency

Information about monday.com ’s financial results, including a link to the live webcast of the conference call, will be made available on monday.com ’s investor relations website at https://ir.monday.com .

Key Points: 
  • Information about monday.com ’s financial results, including a link to the live webcast of the conference call, will be made available on monday.com ’s investor relations website at https://ir.monday.com .
  • The live call may also be accessed via telephone at +1 (646) 307-1963 or +1 (800) 715-9871 (toll-free).
  • Please reference conference ID: 7258179.
  • An archived webcast can be accessed from the News & Events section of monday.com ’s Investor Relations website following the call.