MongoDB, Inc. Announces First Quarter Fiscal 2019 Financial Results

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Go back to MongoDB, Inc. Announces First Quarter Fiscal 2019 Financial Results

MongoDB (MDB) Reports In-Line Q1 EPS, Revenues Beat; Offers FY19 EPS Mid-Point Outlook Below Consensus, FY19 Revenue Outlook Above Consensus

June 6, 2018 4:08 PM EDT

MongoDB (NASDAQ: MDB) reported Q1 EPS of ($0.43), in-line with the analyst estimate of ($0.43). Revenue for the quarter came in at $48.2 million versus the consensus estimate of $46.41 million.

\"MongoDB began fiscal 2019 with strong financial and operational results highlighted by 53% subscription revenue growth," said Dev Ittycheria, President and Chief Executive Officer of MongoDB. \"We were particularly pleased with the continued growth of our international business and the increasing breadth of use cases being built on the MongoDB platform."

Ittycheria added, "MongoDB Atlas, our fully-managed cloud... More