LOS ANGELES, CA / ACCESSWIRE / August 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MongoDB, Inc. ("MongoDB" or "the Company") (NASDAQ:MDB) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 31, 2023 and May 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before September 9, 2024.
NEW YORK, NY / ACCESSWIRE / August 30, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (NASDAQ:MDB). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
NEW YORK, NY / ACCESSWIRE / August 30, 2024 / If you suffered a loss on your MongoDB, Inc. (NASDAQ:MDB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
MongoDB, Inc. MDB reported better-than-expected second-quarter financial results and issued strong guidance on Thursday.
NEW YORK, NY / ACCESSWIRE / August 30, 2024 / If you suffered a loss on your MongoDB, Inc. (NASDAQ:MDB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / August 30, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. (Nasdaq:MDB) and certain of the Company's senior executives. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at Click Here
Despite MongoDB's raised guidance, its stock is still priced at an exorbitant 100x forward non-GAAP operating profits, which is unsustainable. MongoDB's growth rates are erratic and below 20% CAGR, failing to justify its premium valuation and high market enthusiasm. The shift to MongoDB Atlas is cannibalizing its on-premise business, and macroeconomic pressures could further impact revenue growth.
Shares in MongoDB (MDB) soared in extended trading Thursday after the company reported better-than-expected earnings and boosted its full-year guidance amid robust demand for generative artificial intelligence (AI) software.
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / If you suffered a loss on your MongoDB, Inc. (NASDAQ:MDB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW ORLEANS, LA / ACCESSWIRE / August 29, 2024 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 9, 2024 to file lead plaintiff applications in a securities class action lawsuit against MongoDB, Inc. (NasdaqGM:MDB).
MongoDB, Inc. (NASDAQ:MDB ) Q2 2025 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Brian Denyeau - IR, ICR Dev Ittycheria - President and CEO Michael Gordon - COO and CFO Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Kash Rangan - Goldman Sachs Tyler Radke - Citi Brad Reback - Stifel Karl Keirstead - UBS Jason Ader - William Blair Brad Sills - Bank of America Rishi Jaluria - RBC Capital Markets Brent Bracelin - Piper Sandler Eric Heath - KeyBanc Capital Markets Operator Good day, and thank you for standing by. Welcome to the MongoDB's Second Quarter Fiscal Year 2025 Conference Call.
MongoDB reported revenue of $478.1 million, exceeding its guidance range of $460.0 million to $464.0 million. Non-GAAP income from operations was $52.5 million, well above the expected range of $35.0 million to $38.0 million.