These Analysts Cut Their Forecasts On Monday.com Following Q2 Results
1. Monday.com reported Q2 revenue of $299 million, up 27% year over year. 2. The company added record new customers generating over $100,000 in ARR. 3. Monday.com expects Q3 revenue between $311 million and $313 million. 4. Analysts revised price targets down but maintain a generally positive outlook. 5. Shares fell 1.1% to $172.15 after earnings announcement.