Skip to content
The Nexus
DossierENTITY

Monday.com

Coverage of Monday.com in the Nexus archive.

Earliest in view: Jul 22 · 17:07 UTCMost recent: Aug 10 · 11:12 UTC
Co-mentioned in this coverage
MNDYtopic1Zacks Investment Researchorganization1Automated Insightsorganization1APorganization1Tel Aviv-Yafo, Israelplace1Wall Streettopic1Eran Zinmanperson1AI-driven growth strategytopic1SaaSpocalypsetopic1AI Work Platformtopic1Form 6-Ktopic1
Recent coverage
  • BUSINESSAug 10 · 11:12 UTCWTOP DC
    Monday.com: Q2 Earnings Snapshot

    Monday.com Ltd. reported a second-quarter profit of $3.5 million, with net income reaching 8 cents per share. Adjusted earnings came to $1.48 per share and revenue posted at $364.6 million, both exceeding Wall Street expectations. The company also anticipates full-year revenue of $1.47 billion.

  • BUSINESSJul 22 · 17:07 UTCBUSINESS INSIDER
    Monday.com plans 20% layoffs citing an 'AI-driven growth strategy.' Read the co-CEO's note.

    Monday.com plans to lay off 20% of its workforce as part of its 'AI-driven growth strategy,' according to a securities filing. The company's co-CEO emphasized the need for organizational changes to compete in the AI era, while noting the decision was not driven by cost-cutting or AI replacing workers. Monday.com's stock has declined sharply in the past year amid broader concerns about the 'SaaSpocalypse' in enterprise software.