Shares of Monday.com (MNDY) soared nearly 30% Monday morning as the provider of business management solutions posted better-than-expected results and gave solid guidance as the firm's 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) solutions helped boost demand.

Monday.com reported fourth-quarter adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.08, nea♓rly 40% more than the estimate by analysts surveyed by Visible Alpha. Revenue jumped 32% year-over-y♐ear to $268.0 million, also above forecasts.

Co-founders and co-CEOs Roy Mann and Eran Zinman explained that Monday.com's success in 2024 reflected "our rapid product innovation and focus on go-to-market execution, driving strong demand across customers of all sizes." They added that in 2025 they plan to "double-down on our AI efforts."

The company sees full-year revenue in the range of $1.208 billion ꧅to $1.221 billion, while the V✃isible Alpha outlook was for $1.207 billion. 

Firm Launches New AI Pr🃏oduct, Iss🎃ues Full Release of Another

Monday.com also announced the launch of a new AI product called AI Vision, which it said would give customers "a competitive advantage to scale and shift business dynamics without increasing resources and enable enterprise and Fortune 500 companies to accelerate processes often slowed by scale." In addition, it noted that its AI Enterprise Service Management Platform was out of beta testing, and now fully released.

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