Monday.com Sees Surge in High-Value Customers, Driving Impressive First Quarter Earnings
Monday.com Sees Surge in High-Value Customers, Driving Impressive First Quarter Earnings
The number of paid customers with over $50,000 in annual recurring revenue (ARR) rose 48% Y/Y to 2,491. The adjusted Monday.com Ltd (NASDAQ:MNDY) reported fiscal first-quarter 2024 revenue growth of 34% Y/Y to $216.9 million, beating the analyst consensus estimate of $210.4 million.
Monday.com有限公司（納斯達克股票代碼：MNDY）報告稱，2024財年第一季度收入同比增長34％，至2.169億美元，超過了分析師共識估計的2.104億美元。
The project management software company's adjusted EPS of $0.61 beat the analyst consensus estimate of $0.40. The stock price gained after the results.
這家項目管理軟件公司調整後的每股收益爲0.61美元，超過了分析師共識估計的0.40美元。業績公佈後，股價上漲。
The net dollar retention rate was 110%, with the net dollar retention rate for customers with more than ten users being 114%.
淨美元留存率爲110％，擁有十名以上用戶的客戶的淨美元留存率爲114％。
The number of paid customers with over $50,000 in annual recurring revenue (ARR) rose 48% Y/Y to 2,491. The adjusted operating margin was 10% versus (0)% prior year.
年經常性收入（ARR）超過5萬美元的付費客戶數量同比增長48％，達到2491人。調整後的營業利潤率爲10％，而去年同期（0）％。
In the quarter, MNDY generated net cash from operating activities of $91.96 million, with $89.89 million of free cash flow, compared to $42.73 million and $38.68 million, respectively, a year ago. MNDY held $1.22 billion in cash and equivalents as of March-end.
在本季度，MNDY從經營活動中產生的淨現金爲9,196萬美元，自由現金流爲8,989萬美元，而去年同期分別爲4,273萬美元和3,868萬美元。截至3月底，MNDY持有12.2億美元的現金及等價物。
"Our Q1 results mark an exceptional start to the year, with strong demand for our products across all ends of the market," said monday.com co-founders and co-CEOs, Roy Mann and Eran Zinman.
monday.com聯合創始人兼聯合首席執行官羅伊·曼恩和埃蘭·津曼表示：“我們第一季度的業績標誌着今年的開局非同尋常，市場各端對我們產品的需求都很強勁。”
Outlook: Monday.com expects second-quarter revenue of $226 million – $230 million (versus the consensus of $225.1 million) and adjusted operating margin of 8% – 9%.
展望：Monday.com預計第二季度收入爲2.26億美元至2.3億美元（而市場普遍預期爲2.251億美元），調整後的營業利潤率爲8％至9％。
Monday.com expects 2024 revenue guidance of $942 million – $948 million (prior $926 million – $932 million) against the consensus of $935.28 million, and an adjusted operating margin of 8% – 9% (prior 6% – 7%).
Monday.com預計，2024年的收入預期爲9.42億美元至9.48億美元（之前爲9.26億美元至9.32億美元），而市場普遍預期爲9.3528億美元，調整後的營業利潤率爲8％至9％（之前爲6％至7％）。
Monday.Com stock gained over 19% in the last 12 months. Investors can gain exposure to the stock via SPDR S&P Kensho New Economies Composite ETF (NYSE:KOMP) and IShares Core MSCI Total International Stock ETF (NASDAQ:IXUS).
在過去的12個月中，Monday.com的股票上漲了19％以上。投資者可以通過SPDR標普Kensho新經濟綜合ETF（紐約證券交易所代碼：KOMP）和iShares Core MSCI道達爾國際股票ETF（納斯達克股票代碼：IXUS）獲得股票敞口。
Price Action: MNDY shares are trading higher by 19.9% at $217.96 premarket at the last check Wednesday.
價格走勢：在週三的最後一次盤前檢查中，MNDY股價上漲19.9％，至217.96美元。
