MongoDB, Inc. Announces Second Quarter Fiscal 2019 Financial Results
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September 6, 2018 9:17 AM EDT
KeyBanc analyst Brent Bracelin raised the price target on MongoDB (NASDAQ: MDB) to $88.00 (from $62.00) while maintaining a Overweight rating following the company's 2Q earnings report. Broad-based demand drove revenue 61% higher y/y vs. 49% last quarter to $57.5M, exceeding consensus by $5.8M.
MongoDB's compelling... More
September 6, 2018 9:03 AM EDT
Stifel analyst Brad Reback raised the price target on MongoDB (NASDAQ: MDB) to $80.00 (from $53.00) while maintaining a Buy rating following the company's 2Q earnings report. Results beat across the board with total revenue of $57.5M beating $51.8M estimates by over $4M. EPS of ($0.41) also beat in-line... More
September 6, 2018 7:37 AM EDT
Monness, Crespi, Hardt analyst Brian White raised the price target on MongoDB (NASDAQ: MDB) to $90.00 (from $60.00) while maintaining a Buy rating.
White commented, "MongoDB reported excellent 2Q:FY19 results and raised its FY:19 revenue outlook. We are boosting our estimates to... More
September 5, 2018 4:20 PM EDT
MongoDB (NASDAQ: MDB) reported Q2 EPS of ($0.41), $0.04 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $57.5 million versus the consensus estimate of $51.73 million.
"MongoDB delivered outstanding performance across the board in the second quarter," said Dev Ittycheria, President and Chief... More
