MongoDB shares surge 15% on guidance boost
MongoDB(MDB) CNBC·2024-08-30 04:44
MongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance. Here's how the company did against LSEG consensus: Earnings per share: 70 cents adjusted vs. 49 cents expected Revenue: $478.1 million vs. $464.1 million MongoDB's revenue grew 13% year over year in the quarter that ended July 31, according to a statement. The quarter's net loss came to $54.5 million, or 74 cents per share, c ...