11:34 AM EST, 02/10/2025 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.)

Monday.com ( MNDY ) shares rose 32% in recent Monday trading after the company reported results that beat market expectations.

The company reported Q4 non-GAAP net income of $1.08 per diluted share, up from $0.65 a year earlier.

Analysts polled by FactSet expected $0.79.

Revenue for the quarter ended Dec. 31 was $268 million, up from $202.6 million a year earlier.

Analysts surveyed by FactSet expected $261.4 million.

For Q1, the company said it expects revenue of $274 million to $276 million.

Analysts polled by FactSet expect $274 million.

For 2025, Monday.com ( MNDY ) said it expects revenue of $1.21 billion to $1.22 billion.

Analysts polled by FactSet expect $1.21 billion.

Price: 341.86, Change: +83.62, Percent Change: +32.38