MongoDB Inc MDB shares are down on Tuesday, despite the company reporting upbeat third-quarter results.
Ultramodern database software specialist MongoDB (MDB -14.57%) had a bad market day on Tuesday. The stock was down 13.9% at 11:45 a.m.
MongoDB is struggling to set itself apart from rivals in the database software sphere.
Dev Ittycheria, MongoDB CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, any change in consumption growth patterns, and much more.
MongoDB stock is spiraling Tuesday even after the tech company disclosed higher-than-expected Q3 earnings and raised its full-year outlook. Here's why.

MongoDB Stock Brushes Off Upbeat Results

10:54am, Tuesday, 10'th Dec 2024
Shares of MongoDB Inc (NASDAQ:MDB) were last seen down 10.3% at $314.10, pulling back from their premarket surge despite the software company's better-than-expected third-quarter results and full-year
MongoDB delivered incredibly strong Q3 results, driven by improving consumption trends in its Atlas cloud database. Revenue growth accelerated 9 points sequentially to 22% y/y, putting MongoDB back in
MongoDB (MDB) initially popped on earnings but later sold off. Alex Coffey attributes the move from its shift in leadership overshadowing the financial report.
MongoDB's Q3 FY25 earnings beat estimates with 22% and 29% revenue and earnings growth respectively, driven by Atlas and large multi-year EA deals, leading to expanded profit margins. Management's str
MongoDB's fiscal Q3 2024 results were strong, but the fiscal Q4 2024 outlook shows a typical seasonal slowdown, raising concerns about Atlas consumption growth. The stock is expensive at 70x next year
MongoDB, Inc. (NASDAQ:MDB ) Q3 2025 Earnings Call Transcript December 9, 2024 5:00 PM ET Company Participants Brian Denyeau - IR Dev Ittycheria - President and CEO Michael Gordon - COO and CFO Confere
While the top- and bottom-line numbers for MongoDB (MDB) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare
MongoDB (MDB) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.96 per share a year ago.
MongoDB on Monday raised its forecasts for annual revenue and profit for the second time this year as the software company expects strong growth in the usage of Atlas, its service that helps clients m
Shares of MongoDB Inc. jumped after hours on Thursday after the data development, storage and management platform raised its full-year outlook, as it attracts new business and invests in upgrades and
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