MongoDB reported strong Q2 fiscal 2027 results with revenue of $771.8 million, up 30% year-over-year, surpassing analyst estimates. Subscription revenue grew 31%, and the company returned to GAAP profitability with net income of $40.9 million. MongoDB raised its full-year revenue forecast to $2.99-$3.03 billion and non-GAAP earnings to $6.39-$6.58 per share. Despite these positive results, shares fell over 12% in after-hours trading, likely due to concerns over a sequential revenue decline forecasted for Q3.
Dell Technologies reported a strong Q2 with revenue up 58% to $46.97B and raised its full-year revenue guidance by $25 billion, driven by AI-optimized server sales. MongoDB posted double-digit growth and raised its FY27 profit and revenue outlook des...
MongoDB reported strong Q3 results with earnings per share of $1.90, beating analyst estimates of $1.62 by 18%. The company's revenue rose 30% year-over-year to $771.77 million, surpassing forecasts and marking the highest revenue growth in years. Su...
MongoDB announced a 30% year-over-year revenue increase to $771.8 million in Q2 fiscal 2027, driven by strong growth in its Atlas cloud platform and AI-related use cases. The company reported improved profitability with a non-GAAP operating margin of...
MongoDB is set to report quarterly earnings with analysts expecting an EPS of $1.62 and revenue around $735 million. The cloud-hosted Atlas segment is projected to grow 29-30%, surpassing the company's guidance of 26%, driven by strong demand from AI...
MongoDB is set to report its Q2 earnings with investors focused on whether AI-driven demand is boosting its cloud-hosted Atlas segment, which is expected to grow 29-30% for the fifth consecutive quarter. UBS analysts see MongoDB's guidance as conserv...
