MDB - MongoDB Inc. (MDB) Q1 2025 Earnings Call Transcript
2024-05-30 21:20:32 ET
MongoDB, Inc. (MDB)
Q1 2025 Earnings Conference Call
May 30, 2024 5:00 PM ET
Company Participants
Brian Denyeau - IR, ICR
Dev Ittycheria - President and CEO
Michael Gordon - COO and CFO
Conference Call Participants
Sanjit Singh - Morgan Stanley
Raimo Lenschow - Barclays
Brad Reback - Stifel
Kash Rangan - Goldman Sachs
Karl Keirstead - UBS
Brad Sills - Bank of America
Tyler Radke - Citi
Mike Cikos - Needham
Brent Bracelin - Piper Sandler
William Power - Baird
Joe Vandrick - Scotiabank
Presentation
Operator
Good day and thank you for standing by. Welcome to the MongoDB's First Quarter Fiscal Year 2025 Earnings Call. At this time, all participants are in listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]
Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Brian Denyeau from ICR. Please go ahead.
Brian Denyeau
Thank you, Victor. Good afternoon and thank you for joining us today to review MongoDB's First Quarter Fiscal 2025 Financial Results, which we announced in our press release issued after the close of market today. Joining the call today are Dev Ittycheria, President and CEO of MongoDB, and Michael Gordon, MongoDB; COO and CFO.
During this call, we will make forward-looking statements, including statements related to our market and future growth opportunities, our expectations for the macroeconomic environment in fiscal 2025 and the impact of AI, the benefits of our product platform, our competitive landscape, customer behaviors, our financial guidance, and our planned investments and growth opportunities. These statements are subject to a variety of risks and uncertainties, including the results of operation of financial conditions, to cause actual results to differ materially from our expectations.
For discussion of the material risks and uncertainties that could affect our actual results, please refer to the risk factors described in our Annual Report on Form 10-K for the period ended January 31, 2024, that was filed with the SEC on March 15, 2024. Any forward-looking statements made in this call reflect our views only as of today and we undertake no obligation to update them except as required by law. Additionally, we will discuss non-GAAP financial measures on this conference call. Please refer to the tables in our earnings release on the investor relations portion of our website for reconciliation of these measures to the most directly comparable GAAP financial measures.
With that, I'd like to turn the call over to Dev.
Dev Ittycheria
Thanks, Brian, and thank you to everyone for joining us today. Before we dive into the quarterly results, I'd like to take a step back and remind everyone of MongoDB's foundational and durable technology advantage. MongoDB was built on the novel approach of using documents rather than tables to organize and work with data. This not only unleashed developer productivity by aligning to the way developers think and code, but also made it far easier to work with large volumes and variety of data. This approach has been incredibly well suited as application development has evolved over time, most notably with the shift to building apps in the cloud....
MongoDB, Inc. (MDB) Q1 2025 Earnings Call Transcript