monday.com

monday.com reported Q2 revenue of $365 million, up 22% year‑over‑year, and crossed $1.5 billion in ARR. Non‑GAAP operating margin expanded to 17% and net income was $65.5 million; AI-related ARR doubled quarter‑to‑quarter and AI now accounts for a meaningful share of net new ARR. The company reduced global headcount by ~20% to streamline operations and said most savings will be reinvested in product, AI and upmarket go‑to‑market, while reiterating full‑year revenue guidance of $1.466–1.474 billion and forecasting continued margin expansion. » Więcej na finance.yahoo.com

Monday.com stock climbed 20.4% in July driven by a volatile three‑phase move: early July gains from a rotation into enterprise software, a sharp mid‑month drop after IBM warned on software spending, and a late‑July rebound following a disclosed restructuring that cut about 20% of staff. The restructuring, announced July 22, and strong Q2 results reported Aug. 10 (revenues +22% year‑over‑year, widening margins excluding layoff costs) supported the rally and a growing cohort of large customers (114 clients with >$500,000 ARR, up 68% year‑over‑year). Management said the changes aim to capture a larger market opportunity, though the stock is likely to remain volatile. » Więcej na finance.yahoo.com

Monday.com plans a comprehensive shift to an "AI Work Platform" and will cut about 20% of its global workforce (roughly 620 roles). Management stresses the restructuring is intended to create small autonomous teams and not to replace employees en masse with AI. Operating margin was raised; restructuring costs are estimated at $45–55 million, and savings are to be reinvested primarily in product development, AI capabilities, and growth. The announcement gave the stock a roughly 2.1% premarket boost and was seen as a company-specific share price driver. » Więcej na de.investing.com