monday.com Ltd (NASDAQ:MNDY) Q2 2023 Results Conference Call August 14, 2023 8:30 AM ET
Company Participants
Byron Stephen - Director of Investor Relations
Roy Mann - Co-Founder, Co-CEO & Director
Eran Zinman - Co-Founder, Co-CEO, & Director
Eliran Glazer - Chief Financial Officer
Conference Call Participants
Kash Rangan - Goldman Sachs
Pinjalim Bora - JPMorgan
Jackson Ader - MoffettNathanson
Steve Enders - Citi
Arjun Bhatia - William Blair
Derrick Wood - TD Cowen
Brent Thill - Jefferies
George Iwanyc - Oppenheimer
DJ Hynes - Canaccord Genuity
Rob Marelli - Needham & Company
Andrew DeGasperi - Berenberg
Jason Celino - KeyBanc
Robert Simmons - D.A. Davidson
Operator
Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to monday.com's Second Quarter Fiscal Year 2023 Earnings Conference Call.
I would like to turn the call over to monday.com's Director of Investor Relations. Mr. Byron Stephen. Please go ahead.
Byron Stephen
Hello, everyone, and thank you for joining us on today's conference call to discuss the financial results for monday.com's second quarter fiscal year 2023. Joining me today are Roy Mann and Eran Zinman, co-CEOs of monday.com and Eliran Glazer, monday.com's CFO.
We released our results for the second quarter earlier today. You can find our quarterly shareholder letter, along with our investor presentation and a replay of today's webcast under the News & Events section of our IR website at ir.monday.com. Certain statements made on the call today will be forward-looking statements which reflect management's best judgment based on the currently available information. These statements involve risks and uncertainties that may cause actual results to differ from our expectations. Please refer to our earnings release for more information on the specific factors that could cause actual results to differ materially from our forward-looking statements.
Additionally, non-GAAP financial measures will be discussed on the call. Reconciliations to the most directly comparable GAAP financial measures are available in the earnings release and the earnings presentation for today's call which are posted on our Investor Relations website.
Now let me turn the call over to Roy.
Roy Mann
Thank you, Byron, and thank you, everyone, for joining us today. In the second quarter, we continued to make significant strides in executing our long-term strategy, deliver exceptional results. Revenue grew 42% as demand for our customers remain healthy. We continue to demonstrate improved operating efficiency and cash generation, reflecting our ongoing commitment to driving sustainable growth, Eliran will talk you through our financial performance in more detail.