MongoDB, Inc. (NASDAQ: MDB) shares are trading higher after the company reported better-than-expected second-quarter financial results and issued third-quarter and full-year 2024 earnings per share and sales guidance above estimates.
What To Know: MongoDB reported quarterly earnings of 93 cents per share which beat the analyst consensus estimate of 46 cents, a 504.35% increase over losses of 23 cents per share from the same period last year.
The company reported quarterly sales of $423.80 million which beat the analyst consensus estimate of $393.35 million, a 39.56% increase over sales of $303.66 million in the same period last year.
As of July 31, MongoDB had ...