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Monday.com: Q3 Earnings Snapshot
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TEL AVIV-YAFO, Israel (AP) — TEL AVIV-YAFO, Israel (AP) — Monday.com Ltd. (MNDY) on Monday reported third-quarter earnings of $35.2 million.

On a per-share basis, the Tel aviv-Yafo, Israel-based company said it had net income of 80 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to $2.14 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The project management software developer posted revenue of $377.5 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $369 million.

For the current quarter ending in December, Monday.com said it expects revenue in the range of $380 million to $382 million.

The company expects full-year revenue in the range of $1.47 billion to $1.48 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNDY at https://www.zacks.com/ap/MNDY

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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