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.
Shares of MongoDB Inc MDB rose in early trading on Tuesday, ahead of its fourth-quarter results to be reported on Wednesday, March 5.
Elastic has a strong position in high-performance search, with potential growth in gen AI applications, but faces stiff competition from Datadog and MongoDB. Datadog outperforms Elastic in financial metrics, including gross margins, free cash flow efficiency, and growth prospects, while being cheaper in the Price/FCF multiple, making it a more attractive investment. Elastic's search capabilities could enhance gen AI applications, but its lack of in-house LLM development may weaken its competitive edge in observability.
MongoDB (MDB) closed the most recent trading day at $267.43, moving +1.91% from the previous trading session.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for MongoDB (MDB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2025.
Goldman Sachs analyst Kash Rangan maintained a Buy rating and price forecast for MongoDB, Inc. MDB following the company's acquisition of Voyage AI on Monday.
Database company MongoDB acquired artificial intelligence firm Voyage AI. The deal — worth $220 million, according to a Monday (Feb. 24) Bloomberg report — is designed to help MongoDB's customers build better AI-powered applications through “highly accurate and relevant information retrieval deeply integrated with operational data,” according to a Monday press release.