MongoDB soft full-year guidance overshadows Q4 results beat; shares drop
Get Alerts MDB Hot Sheet
Join SI Premium – FREE
Investing.com -- MongoDB reported Wednesday full-year guidance that fell short of estimates, overshadowing fourth-quarter results that beat on both the top and bottom lines.
MongoDB (NASDAQ: MDB) fell more than 15% following the report.
For the three months ended Jan. 31, MongoDB reported adjusted EPS of $1.28 on revenue of $548.4 million, topping estimates of $0.67 and $519.8M, respectively.
Looking ahead to fiscal Q1, the company forecasts adjusted EPS of $0.63 to $0.67 on revenue of $524M to $529M. That topped Wall Street estimates for EPS of $0.63 on revenue of $526.1M.
For fiscal 2025, adjusted EPS was guided in a range of $2.44 to $2.62, missing estimates of $3.39. While revenue is expected between $2.24B and $2.28B, missing estimates of $2.32B.
You May Also Be Interested In
- Short squeeze payback: Avis Budget gains 8% on massive $650M Pentwater settlement
- MP Materials seen largely insulated after China export-control move
- SpaceX reportedly signs $6.3B computing deal with Reflection AI
Create E-mail Alert Related Categories
Earnings, General News, InvestingSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share