MDB - These Analysts Slash Their Forecasts On MongoDB After Q1 Results | Benzinga
MongoDB, Inc. (NASDAQ:MDB) posted upbeat first-quarter results, but issued weak FY25 guidance on Thursday.
MongoDB reported quarterly earnings of 51 cents per share, which beat the analyst consensus estimate of 40 cents by 27.5%. Quarterly sales came in at $450.56 million, beating the analyst consensus estimate of $439.64 million by 2.48%, according to data from Benzinga Pro.
"MongoDB's delivered solid first quarter results, highlighted by 32% Atlas revenue growth. At the same time, we had a slower than expected start to the year for both Atlas consumption growth and new workload wins, which will have a downstream ...