12:01 PM EST, 11/10/2025 (MT Newswires) -- Monday.com's ( MNDY ) shares tumbled in Monday trading after the company issued a fourth-quarter revenue outlook below Wall Street's projections, even as its results for the preceding three-month period surpassed analysts' views.

Israel's project management software provider anticipates revenue of $328 million to $330 million, representing 22% to 23% growth year over year. Analysts surveyed by FactSet expect $333.7 million.

Adjusted operating income is pegged between $36 million and $38 million for the fourth quarter, compared with the prior quarter's record-high $47.5 million.

The firm's US-listed stock was down nearly 14% intraday Monday, taking its year-to-date losses to 31%.

For the September quarter, Monday.com's ( MNDY ) adjusted earnings rose to $1.16 per share from $0.85 a year earlier, ahead of the consensus of $0.88. Revenue surged 26% to $316.9 million, surpassing analysts' estimate of $312.3 million.

The company now expects 2025 revenue of $1.226 billion to $1.228 billion, representing a roughly 26% increase year over year, compared with the prior outlook of $1.224 billion to $1.229 billion. Analysts are looking for $1.23 billion.

Monday.com ( MNDY ) is now guiding full-year adjusted operating income of $167 million to $169 million, up from the previous estimate of $154 million to $158 million.

"With accelerating customer expansion, record profitability and growing enthusiasm for (artificial intelligence)-powered platform, we're entering the next phase of durable, profitable growth that will create meaningful long-term value for shareholders," co-Chief Executive Eran Zinman said at an earnings call, according to a FactSet transcript.

For the third quarter, the number of paid customers with more than $100,000 in annual recurring revenue, or ARR, soared 48% year over year to 1,603, while customers with over $50,000 in ARR jumped 37%.

Price: 162.92, Change: -26.68, Percent Change: -14.07