MDB - These Analysts Revise Their Forecasts On MongoDB After Q4 Results | Benzinga
MongoDB, Inc. (NASDAQ: MDB) reported upbeat fourth-quarter earnings, but issued weak FY25 guidance on Thursday.
MongoDB clocked quarterly earnings of 86 cents per share, which beat the analyst consensus estimate of 47 cents. Quarterly sales clocked in at $458 million, beating the analyst consensus estimate of $433.73 million.
"MongoDB finished fiscal 2024 on a strong note, highlighted by 34% Atlas revenue growth and operating margin improvement of nearly five percentage points year-over-year. We continue to see healthy new workload wins as MongoDB's developer data platform increasingly becomes the standard for modern application development," said Dev Ittycheria, CEO of MongoDB.
MongoDB sees first-quarter earnings between 34 cents and 39 cents per share, versus the 62 cents per ...