MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2024 Financial Results
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Go back to MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2024 Financial Results
March 8, 2024 7:20 AM EST
MongoDB (NASDAQ: MDB) reported a significant beat on its fourth-quarter earnings but saw its shares drop sharply by 8.98% due to its weaker-than-expected guidance for the fiscal year 2025. The company's Q4 adjusted EPS came in at $0.86, surpassing the analyst estimate of $0.46. Revenue for the quarter was also above expectations at $458 million, compared to the consensus estimate of $437.18 million, marking a 27% increase YoY.
Despite the strong fourth-quarter performance, MongoDB's guidance for the fiscal year 2025 and the first quarter of the same fiscal year fell short of analyst expectations. The company forecasts an adjusted EPS... More
March 7, 2024 4:10 PM EST
MongoDB (NASDAQ: MDB) reported Q4 EPS of $0.86, $0.40 better than the analyst estimate of $0.46. Revenue for the quarter came in at $458 million versus the consensus estimate of $437.18 million.
GUIDANCE:
MongoDB sees FY2025 EPS of $2.27-$2.49, versus the consensus of $3.54. MongoDB sees... More
