Latest news with #Monday.com
IOL News
4 days ago
- Business
- IOL News
Five tips for managing a remote workforce
If you're considering a flexible work model, here are five practical tips to help you get the most out of your remote team. Image: Freepik Big corporations like Amazon, Starbucks, and Uber may be pushing employees back to the office, but that doesn't mean the same approach works for all companies. Within the small and medium enterprises (SMEs) community, not all businesses can benefit from remote work. However, for those SMEs where remote work continues to offer significant advantages such as lower overheads, access to a broader talent pool, and greater flexibility for staff, there needs to be clear guidelines in place. Making remote work effective takes more than a solid internet connection. If you're considering a flexible work model, here are five practical tips to help you get the most out of your remote team. Set clear expectations from the outset Remote work doesn't mean working without structure. If anything, structure becomes more important. That starts with setting clear expectations for working hours and accessibility, communication norms, deadlines and outputs. Everyone in your team should understand what's expected of them – not only in terms of tasks, but also how and when to deliver them. This doesn't mean micromanaging. It's about giving your team the clarity they need to take ownership of their work. Make sure team members understand how their individual work contributes to broader business goals. A sense of purpose drives accountability and results. Use the right tools for communication and collaboration Working remotely shouldn't feel like working in isolation. To stay connected, you need tools that suit your business's size, style and needs. Some options to consider are: A communication platform (like Microsoft Teams or Slack) A project management tool (like Trello, Asana or A cloud-based file-sharing system (like Google Drive, OneDrive or Dropbox) Make sure everyone knows how to use the tools you've chosen and keep them streamlined – too many platforms can create confusion. Prioritise outcomes, not hours One of the biggest shifts in managing remote workers is moving from activity-based management to outcomes-based management. In a traditional office, managers often equate presence with productivity, but that doesn't translate in a remote environment. Instead, focus on results. Define key deliverables, agree on timelines, and then give employees the space to work in a way that suits them. This fosters a culture of trust and ownership - two qualities that are especially important when teams are working independently. Performance monitoring is still important, but it should be geared towards improvement and support, not control. Make time for culture and connection When everyone's working remotely, casual chats, shared lunches and spontaneous brainstorming sessions disappear. That's an undeniable loss, and if you don't actively replace those touchpoints, your team can start to feel fragmented. Make time for informal connection. That could be as simple as a 10-minute virtual 'coffee catch-up' on Monday mornings or a 'shout-out session' on Fridays to recognise good work. If your team is mostly local, consider hosting occasional in-person meetups or workdays. If that's not possible, prioritise building a shared culture online. A connected team is more resilient, more collaborative and more likely to stick with your business long-term. Review your policies and compliance obligations Remote work comes with legal and operational implications that SMEs often overlook. These can include data protection requirements, health and safety rules (even for home offices), and employment policies that reflect flexible work arrangements. You may need to update your employment contracts, especially if staff are working from locations outside your normal area of operation. For example, will your insurance or security policies cover remote staff? Are you clear on what equipment the business must provide versus what employees use personally? It's worth consulting a legal or HR adviser to ensure your policies are both fair and compliant. Jeremy Lang is Managing Director at Business Partners Limited. Jeremy Lang is the managing director at Business Partners Limited. Image: Supplied BUSINESS REPORT Visit:
Yahoo
12-05-2025
- Business
- Yahoo
Monday.com's High-Paying Customers Rise 38%, Improves Operating Margin
Ltd (NASDAQ:MNDY) posted first-quarter results on Monday. The company reported a quarterly revenue growth of 30% year-on-year to $282.3 million, beating the consensus of $275.8 million. The project management software company's adjusted EPS of $1.10 beat the analyst consensus estimate of $0.70. The net dollar retention rate was 112% and 115% for customers with more than ten number of paid customers with over $50,000 in annual recurring revenue (ARR) rose 38% year over year to 3,444. The adjusted operating margin increased 400 bps to 14%. In the quarter, generated an operating cash flow of $112 million compared to $92 million a year ago. It generated $110 million in free cash flow, compared to $90 million a year ago, and ended the quarter with $1.6 billion in cash and equivalents. Co-CEOs Roy Mann and Eran Zinman noted strong revenue growth in the first quarter, record operating profit, and its highest-ever adjusted free cash flow for a single quarter. Outlook: expects fiscal second-quarter 2025 revenue of $292 million to $294 million against the analyst consensus estimate of $275.8 million and an adjusted operating margin of 11% to 12%. expects 2025 revenue of $1.220 billion to $1.226 billion (prior $1.208 billion to $1.221 billion), against the analyst consensus estimate of $1.210 billion, and an adjusted operating margin of approximately 12% (prior 11% to 12%). Price Action: stock is trading down 0.81% to $276.00 at the last check on Monday. Image by Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article High-Paying Customers Rise 38%, Improves Operating Margin originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Monday.com (NASDAQ:MNDY) Beats Q1 Sales Targets, Stock Soars
Project management software maker (NASDAQ:MNDY) announced better-than-expected revenue in Q1 CY2025, with sales up 30.1% year on year to $282.3 million. The company expects next quarter's revenue to be around $293 million, close to analysts' estimates. Its non-GAAP profit of $1.10 per share was 56.4% above analysts' consensus estimates. Is now the time to buy Find out in our full research report. Revenue: $282.3 million vs analyst estimates of $276 million (30.1% year-on-year growth, 2.3% beat) Adjusted EPS: $1.10 vs analyst estimates of $0.70 (56.4% beat) Adjusted Operating Income: $40.75 million vs analyst estimates of $26.61 million (14.4% margin, 53.2% beat) The company slightly lifted its revenue guidance for the full year to $1.22 billion at the midpoint from $1.21 billion Operating Margin: 3.5%, up from -2.3% in the same quarter last year Free Cash Flow Margin: 38.8%, up from 27.1% in the previous quarter Customers: 3,444 customers paying more than $50,000 annually Net Revenue Retention Rate: 115%, in line with the previous quarter Market Capitalization: $14.13 billion 'Our strong financial performance and disciplined execution position us well to navigate uncertainties ahead ,' said Eliran Glazer, CFO. Founded in 2014 and named after the dreaded first day of the work week, (NASDAQ:MNDY) is a software-as-a-service platform that helps organizations plan and track work efficiently. Reviewing a company's long-term sales performance reveals insights into its quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Luckily, sales grew at an incredible 42.6% compounded annual growth rate over the last three years. Its growth surpassed the average software company and shows its offerings resonate with customers, a great starting point for our analysis. This quarter, reported wonderful year-on-year revenue growth of 30.1%, and its $282.3 million of revenue exceeded Wall Street's estimates by 2.3%. Company management is currently guiding for a 24.1% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 23.2% over the next 12 months, a deceleration versus the last three years. Still, this projection is commendable and suggests the market sees success for its products and services. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. One of the best parts about the software-as-a-service business model (and a reason why they trade at high valuation multiples) is that customers typically spend more on a company's products and services over time. net revenue retention rate, a key performance metric measuring how much money existing customers from a year ago are spending today, was 113% in Q1. This means would've grown its revenue by 12.7% even if it didn't win any new customers over the last 12 months. Trending up over the last year, has a good net retention rate, proving that customers are satisfied with its software and getting more value from it over time, which is always great to see. It was encouraging to see beat analysts' revenue and operating income expectations this quarter. We were also glad its full-year revenue guidance slightly exceeded Wall Street's estimates. On the other hand, its revenue guidance for next quarter was in line. Zooming out, we think this was a solid quarter. The stock traded up 7% to $297.43 immediately following the results. Should you buy the stock or not? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures surge as markets cheer US-China trade talks
Stock futures on Wall Street surged Sunday evening as the US cited "substantial progress" in trade negotiations with China, raising hopes of a potential deescalation in tensions between the world's two largest economies. Dow Jones Industrial Average (YM=F) futures rose by over 400 points, or 1%, while S&P 500 (ES=F) futures advanced 1.2%. Nasdaq 100 (NQ=F) futures led gains with a 1.6% jump. The market-friendly momentum followed a weekend of high-level trade talks in Switzerland, which Treasury Secretary Scott Bessent called "productive." While details remain scarce, Bessent promised further clarity during a briefing on Monday. The rally in futures comes after a downbeat week for stocks. All three major indexes fell last week, with the Dow snapping a two-week winning streak in the latest volatile action on Wall Street. Inflation fears are gripping markets, with the impact of sweeping 145% tariffs on Chinese imports, a move met with retaliatory 125% duties from Beijing, coming to American consumers' pockets. Year-ahead inflation expectations sit at their highest level in more than 40 years. Commerce Secretary Howard Lutnick added Sunday that the U.S. remains committed to a 10% baseline tariff rate on all imports to the US, signaling the administration's aggressive stance even as talks with more nations are underway. Traders will get their first sense of the initial inflationary effects of the tariffs with the release of key inflation data this week. April's Consumer Price Index (CPI) report is due Tuesday, followed by retail sales and the Producer Price Index (PPI) on Thursday. Notable earnings this week include Fox Corporation (FOXA), (MNDY), Chegg (CHGG) all releasing reports Monday, with Sony (SONY), Alibaba (BABA), and Wallmart (WMT) all due later in the week.
Yahoo
12-05-2025
- Business
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures surge as markets cheer US-China trade talks
Stock futures on Wall Street surged Sunday evening as the US cited "substantial progress" in trade negotiations with China, raising hopes of a potential deescalation in tensions between the world's two largest economies. Dow Jones Industrial Average (YM=F) futures rose by over 400 points, or 1%, while S&P 500 (ES=F) futures advanced 1.2%. Nasdaq 100 (NQ=F) futures led gains with a 1.6% jump. The market-friendly momentum followed a weekend of high-level trade talks in Switzerland, which Treasury Secretary Scott Bessent called "productive." While details remain scarce, Bessent promised further clarity during a briefing on Monday. The rally in futures comes after a downbeat week for stocks. All three major indexes fell last week, with the Dow snapping a two-week winning streak in the latest volatile action on Wall Street. Inflation fears are gripping markets, with the impact of sweeping 145% tariffs on Chinese imports, a move met with retaliatory 125% duties from Beijing, coming to American consumers' pockets. Year-ahead inflation expectations sit at their highest level in more than 40 years. Commerce Secretary Howard Lutnick added Sunday that the U.S. remains committed to a 10% baseline tariff rate on all imports to the US, signaling the administration's aggressive stance even as talks with more nations are underway. Traders will get their first sense of the initial inflationary effects of the tariffs with the release of key inflation data this week. April's Consumer Price Index (CPI) report is due Tuesday, followed by retail sales and the Producer Price Index (PPI) on Thursday. Notable earnings this week include Fox Corporation (FOXA), (MNDY), Chegg (CHGG) all releasing reports Monday, with Sony (SONY), Alibaba (BABA), and Wallmart (WMT) all due later in the week.
