MongoDB (MDB -20.81%) stock got destroyed Thursday morning, falling 20.3% through 10:20 a.m. ET despite "beating" on Q4 2024 earnings last night, after warning 2025 results may look a lot worse.
Jim Cramer breaks down why he's keeping an eye on shares of MongoDB.
Shares of MongoDB Inc (NASDAQ:MDB) were last seen down 23.5% at $202.19, after the database software company issued weaker-than-expected guidance for fiscal 2026.
MongoDB shares plummeted more than 20% after the database software maker shared weak guidance that reflects slowing growth. The revenue projection would imply 12.7% growth, the slowest for the company going back to its 2017 stock market debut.
MongoDB, Inc. (NASDAQ:MDB ) Q4 2025 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Brian Denyeau - IR, ICR Dev Ittycheria - President & CEO Serge Tanjga - Interim CFO Conference Call Participants Raimo Lenschow - Barclays Bob Dion - Morgan Stanley Mike Cikos - Needham and Company Brent Bracelin - Piper Sandler Kingsley Crane - Canaccord Genuity Patrick Walravens - JMP Securities Brad Sills - Bank of America Patrick Colville - Scotiabank Rishi Jaluria - RBC Operator Good day, and welcome to MongoDB's Q4 Fiscal Year 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Although the revenue and EPS for MongoDB (MDB) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MongoDB's full-year view came in below consensus, as the company called for slower revenue growth than the company has ever shown since going public in 2017. Meanwhile, MongoDB is hiring to go after opportunities among big companies, and during the quarter it bought artificial intelligence startup Voyage.
MongoDB (MDB) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.86 per share a year ago.
MongoDB (MDB 3.83%), a leading database platform provider, delivered an exceptional performance for the fourth quarter of its fiscal 2025. In its earnings release on March 5, the company reported revenue of $548.4 million, outperforming analysts' consensus forecast of $520 million and management's guidance range of $515 million to $519 million.
CNBC's Seema Mody joins 'Closing Bell Overtime' to talk MongoDB earnings.
MongoDB Inc. MDB will be reporting its fourth-quarter earnings on Wednesday. Wall Street expects 66 cents in EPS and $519.60 million in revenues as the company reports after market hours.
MongoDB, Inc. MDB will release its fourth-quarter financial results, after the closing bell, on Wednesday, March 5.