MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2019 Financial Results

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Go back to MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2019 Financial Results

MongoDB (MDB) PT Raised to $150 at KeyBanc

March 14, 2019 7:21 AM EDT

KeyBanc analyst, Brent Bracelin, raised the price target on MongoDB (NASDAQ: MDB) to $150.00 (from $100.00) while maintaining a Overweight rating.

Atlas revenue increased >400% y/y, eclipsing the $100M run-rate milestone for the first time. Excluding mLab, Bracelin estimates organic Atlas growth also accelerated driven by... More

MongoDB (MDB) PT Raised to 'Street High' $140 at Rosenblatt

March 14, 2019 6:59 AM EDT

Rosenblatt analyst Marshall Senk raised the price target on MongoDB (NASDAQ: MDB) to a 'Street High' $140.00 (from $90.00) while maintaining a Buy rating.

Senk commented, "Once again MongoDB blew right past our estimates as the Atlas PaaS showed material acceleration growing 400% in the quarter... More

MongoDB (MDB) Tops Q4 EPS by 21c, Revenues Beat; Q1 & FY20 EPS/Revenue Guidance Above Consensus

March 13, 2019 4:08 PM EDT

MongoDB (NASDAQ: MDB) reported Q4 EPS of ($0.17), $0.21 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $85.5 million versus the consensus estimate of $74.03 million.

"MongoDB's exceptional fourth quarter performance capped a record year for the company," said Dev Ittycheria, President and Chief Executive Officer of MongoDB. "MongoDB is being adopted by an ever increasing number of companies across diverse industries who recognize the power of our next-generation database platform to drive business performance, increase agility and shorten time to market."

Ittycheria added, "MongoDB Atlas, our fully managed global,... More