MongoDB Inc.
- MongoDB Inc. jumped 30.5% to $279.74 after the data storage company reported sharply higher than expected quarterly sales and earnings, and the company's sales outlook in the current quarter surpassed expectations.
Consolidated revenue increased to $591.4 million from $478.1 million, net loss declined to $47 billion from $54.5 billion, and diluted losses per share fell to $58 from $74 a year ago.
Adjusted earnings per share jumped 42.5% to $1.0, surpassing the estimate of 67 cents as polled by FactSet.
The subscription-based revenue increased 23% from a year ago to $572 million, easily surpassing market expectations.
The company guided fiscal third-quarter revenue between $582 million and $597 million, and adjusted earnings per share to range between 76 cents and 79 cents.
For the fiscal year, the company estimated revenue between $2.34 billion and $2.36 billion and adjusted earnings per share to fall between $3.64 and $3.63.
Aug 27, 2025
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