Monday.com Stock Soars as AI Offerings Power Q4 Results | Global News Avenue

Shares of noting.commndy) On Monday morning, the provider of business management solutions released more than expected results and provided reliable guidance to the company Artificial Intelligence (AI) Solutions help increase demand.

Monday Network reported adjustments for the fourth quarter Earnings per share (EPS) The price of $1.08 is nearly 40% higher than the analysts surveyed by the Visible Alpha. Revenue rose 32% year-on-year to $268 million, also higher than forecasts.

Co-founder and co-CEO Roy Mann and Eran Zinman explained Monday’s success in 2024 reflects “our rapid product innovation, focusing on The implementation of the listing drives strong demand from customers of all sizes. “In 2025, they plan to “make a double effort on our AI efforts.”

The company’s full-year revenue ranges between $1.228 billion and $1.221 billion, while the visible Alpha Outlook ranges from $1.22 billion.

The company launches new AI product and releases another

Soneting.com also announced a new product called AI Vision, which it says will provide customers with a “competitive advantage of scaling and transferring business dynamics without adding resources and enabling the enterprise and Fortune 500 companies to accelerate. The process is usually scaled up. Additionally, it noted that its AI Enterprise Services Management Platform does not include beta testing and is now fully released.

Soning.com shares traded at their highest level in more than three years.