MongoDB Crushes Fiscal Q4 Expectations
(NASDAQ:MDB), a leading database platform provider, delivered an exceptional performance for the fourth quarter of its fiscal 2025. In its earnings release on March 5, the company reported revenue of $548.4 million, outperforming analysts' consensus forecast of $520 million and management's guidance range of $515 million to $519 million. Non-GAAP earnings per share (EPS) of $1.28 were well above the anticipated $0.66. Overall, the quarter reflected strong growth, despite a slight deceleration in MongoDB Atlas consumption.
Source: Analysts' estimates provided by FactSet.
MongoDB operates a developer-centric database platform that offers flexibility and scalability, crucial for modern application development. It's known for its document-based architecture, which offers intuitive data interaction. It has been focusing on expanding its cloud services, especially MongoDB Atlas, and enhancing its AI capabilities to align with emerging tech trends that are driving the company's growth.
Source Fool.com
MongoDB Inc. Stock
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