diff --git a/src/markup/engine/remarkup/markuprule/monospace/PhutilRemarkupRuleMonospace.php b/src/markup/engine/remarkup/markuprule/monospace/PhutilRemarkupRuleMonospace.php
index 5633333..d5c9507 100644
--- a/src/markup/engine/remarkup/markuprule/monospace/PhutilRemarkupRuleMonospace.php
+++ b/src/markup/engine/remarkup/markuprule/monospace/PhutilRemarkupRuleMonospace.php
@@ -1,32 +1,32 @@
 <?php
 
 /*
  * Copyright 2012 Facebook, Inc.
  *
  * Licensed under the Apache License, Version 2.0 (the "License");
  * you may not use this file except in compliance with the License.
  * You may obtain a copy of the License at
  *
  *   http://www.apache.org/licenses/LICENSE-2.0
  *
  * Unless required by applicable law or agreed to in writing, software
  * distributed under the License is distributed on an "AS IS" BASIS,
  * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
  * See the License for the specific language governing permissions and
  * limitations under the License.
  */
 
 /**
  * @group markup
  */
 final class PhutilRemarkupRuleMonospace
   extends PhutilRemarkupRule {
 
   public function apply($text) {
     return preg_replace(
-      '@##(.+?)##@s',
+      array('@##(.+?)##@s', '@\B`(.+?)`\B@'),
       '<tt>\1</tt>',
       $text);
   }
 
 }