MongoDB Q1 Adjusted Earnings, Revenue Rise; Issues Guidance

MT Newswires Live
05/29

MongoDB (MDB) reported fiscal Q1 adjusted earnings late Thursday of $1.32 per diluted share, up from $1.00 a year ago.

Analysts polled by FactSet expected $1.19.

Revenue for the three months ended April 30 was $687.6 million, up from $549.0 million a year earlier.

Analysts surveyed by FactSet expected $664.5 million.

For fiscal Q2, the company expects adjusted EPS of $1.58 to $1.61 on revenue of $729 million to $734 million. Analysts expect EPS of $1.29 on revenue of $700.5 million.

For fiscal 2027, the company now expects adjusted EPS of $5.95 to $6.14 on revenue of $2.92 billion to $2.96 billion.

Its previous guidance was for adjusted EPS of $5.75 to $5.93 on revenue of $2.86 billion to $2.90 billion.

Analysts expect $5.92 and $2.90 billion, respectively.

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