Monday.com raises FY24 revenue view to $956M-$961M from $942M-$948M

Consensus $947.79M. Sees FY24 free cash flow $270M-$275M. Sees FY24 operating income $100M-$105M. “Monday.com delivered a strong second quarter, and we’re very encouraged by the progress we continue to make against both our short- and long-term financial goals,” said Eliran Glazer, monday.com CFO. “Most notably, we were able to deliver exceptional efficiency in Q2, achieving our first quarter of GAAP operating profitability. These results demonstrate not only our highly effective execution, but the strong demand we continue to see even through a challenging macroeconomic environment.”