StartupsSiliconANGLEabout 2 hours ago
MongoDB beats earnings but stock drops 14%
1 min read
MongoDB beat Q2 forecasts with $1.90 per share earnings and $771.8 million revenue, up 30%, but stock fell over 14% after hours. Atlas revenue grew 29%, missing investor hopes of 30-31%. Full-year guidance was raised to $6.39-$6.58 per share on $2.99-$3.03 billion revenue.
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