๐ Monday.com $MNDY tanks 19% โ guidance miss + 20% layoffs crush an otherwise strong Q2
$MNDY demolished Q2 estimates ($1.48 EPS vs. $1.11 expected, revenue up 22% YoY to $364.6M) but the stock collapsed after Q3 revenue guidance of $368โ370M came in below the $372.85M consensus, signaling a deceleration to 16โ17% growth. A surprise 20% workforce reduction โ management flagged short-term disruption โ piled on and spooked investors further. Classic sell-the-guidance in SaaS. Not financial advice. Is this a dip-worth-buying or a sign $MNDY is losing momentum?
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