2 Stocks Staging Post-Earnings Pops

10:42am, Wednesday, 07'th Dec 2022
As quarterly results continue to roll in, two stocks are in the spotlight today.
MongoDB shares surge after the cloud-based database software provider surprises Wall Street with an adjusted profit in its third quarter.
The cloud-native database specialist gave shareholders everything on their holiday wish lists.
MongoDB shares surge after the cloud-based database software provider surprises Wall Street with an adjusted profit in its third quarter.
MongoDB, Inc. (NASDAQ:MDB ) Q3 2023 Earnings Conference Call December 6, 2022 5:00 PM ET Company Participants Brian Denyeau - IR, ICR Dev Ittycheria - President and Chief Executive Officer Michael Gor
MongoDB (MDB) delivered earnings and revenue surprises of 235.29% and 10.33%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
MongoDB Inc. shares soared in the extended session Tuesday after the database company surprised Wall Street with a profitable quarter while forecasting another one, while analysts had expected losses
MongoDB said it is seeing strong consumption trends for its flagship Atlas database software business.
MongoDB provided upbeat commentary on demand even as some companies are being more cautious with spending on Salesforce and other software.
MongoDB Inc MDB shares are soaring in Tuesday's after-hours session after the company reported strong third-quarter results and issued guidance above analyst estimates.

Why Snowflake, Datadog, and MongoDB Fell Today

04:03pm, Monday, 05'th Dec 2022
Rising long-term yields and doubts over cloud spending sent these top software stocks down.
MongoDB's (MDB) third-quarter fiscal 2023 results are expected to reflect the growing adoption of its cloud-based platform, Atlas.
The third quarter 2022 earnings season is almost over. Over 70% of S&P 500 companies surpassed the EPS expectations, a drop of 5.7% from the second quarter.
A key economic indicator showed that inflation slowed in October.
MongoDB (MDB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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