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Monday.com reports Q2 EPS 41c, consensus 17c

Reports Q2 revenue $175.68M, consensus $169.72M. Net dollar retention rate was over 110%. “We saw healthy customer demand in the second quarter, reflecting our commitment to rapid innovation,” said monday.com founder and co-CEO, Roy Mann. “The official release of the first phase of mondayDB marks a significant transformation of our platform, providing customers with faster boards, and future releases will provide even more speed and scalability improvements. We also launched our AI Assistant in the quarter and are excited about the opportunities we see ahead with AI.”

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