MongoDB Q2 Adjusted Earnings, Revenue Rise; 2027 Guidance Raised

MT Newswires Live
Sep 02

MongoDB (MDB) reported fiscal Q2 adjusted earnings late Tuesday of $1.90 per diluted share, up from $1.00 a year earlier.

Analysts polled by FactSet expected $1.62.

Revenue for the three months ended July 31 was $771.8 million, up from $591.4 million a year earlier.

Analysts expected $735 million.

For fiscal Q3, the company expects adjusted EPS of $1.57 to $1.61 and revenue of $756 million to $761 million. Analysts expect $1.54 and $745.2 million, respectively.

MongoDB now expects fiscal 2027 adjusted EPS of $6.39 to $6.58 and revenue of $2.99 billion to $3.03 billion, up from its previous guidance of adjusted EPS of $5.95 to $6.14 and revenue of $2.92 billion to $2.96 billion.

Analysts expect $6.13 and $2.96 billion, respectively.

Shares of MongoDB were down more than 12% in after-hours trading.

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