tiprankstipranks
monday.com Reports Strong 2024 Financial Results with Innovative Growth Strategy
Company Announcements

monday.com Reports Strong 2024 Financial Results with Innovative Growth Strategy

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

The latest update is out from Monday.com ( (MNDY) ).

On February 10, 2025, monday.com reported its financial results for the fourth quarter and fiscal year 2024, showcasing significant growth and operational success. The company’s revenue increased by 32% in Q4 and 33% for the entire fiscal year, reaching $972 million. With a record non-GAAP operating income and a net dollar retention rate of 112%, monday.com has demonstrated its robust market positioning. The company’s introduction of new products like monday service and a digital workforce of AI Agents highlights its commitment to innovation and future growth, positioning itself strongly in the industry.

More about Monday.com

monday.com Ltd. is a multi-product platform specializing in managing core aspects of work. The company focuses on delivering innovative solutions that cater to businesses of various sizes, enabling them to transform workflows and scale operations efficiently.

YTD Price Performance: 11.77%

Average Trading Volume: 1,024,620

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.88B

See more data about MNDY stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App