monday.com Soars on Strong Q3 Results (NASDAQ:MNDY)
monday.com Announces Third Quarter 2023 Results. MNDY.
#1 Morning Stock Show To Get You Ready For The Stock Market Open, PreMarket Gainers, Earnings This Week, Economic Data & More! Benzinga PreMarket Prep 8:00AM ET- 9:00AM ET BenzingaTV on YouTube.
#1 Morning Stock Show To Get You Ready For The Stock Market Open, PreMarket Gainers, Earnings This Week, Economic Data & More! Benzinga PreMarket Prep 8:00AM ET- 9:00AM ET BenzingaTV on YouTube.
Transcript
00:00 Monday.com Q3 adjusted EPS 64 cents beats the 20 cent estimate sales of 189.19 million
00:07 beat the 182.36 million estimate.
00:11 They expect Q4 revenue of 196 million to 198 million versus a 195.16 million estimate and
00:19 fiscal year revenues of 723 million and 725 million on the high end versus an estimate
00:26 here way below at 715.53 million estimates.
00:33 So Monday getting the lift on a Monday pair of highs at 155.
00:37 If you could take out that pre-market high at 155.
00:40 Actually, they got a 155.40 print in there.
00:44 I don't know who bought it up there, but a pair of highs at 155 as you get back up here.
00:50 I mean, normally or what we've seen over the last couple of weeks is when these things
00:54 kind of start out in the green and they get rolling in the green that kind of hard to
00:59 stop it.
01:00 Today's not the greatest market environment.
01:03 We're down a little bit, but we're way off the lows of the session.
01:07 So see if you get some file through, take out that pre-market high, keep an eye on the
01:12 155 area.