MongoDB's Q2 results crushed expectations across the board. Here's why the stock still has room to grow despite a lofty valuation. Database software expert MongoDB (MDB 18.34%) reported earnings on Thursday, and the results left analyst expectations far behind. The stock soared more than 18% higher shortly after Friday's opening bell. In most cases, that would be a simple story. Surprising financial strength leads to a triumphant stock jump. The end. But it's more complicated for MongoDB, whose big jump did ...

For the quarter ended July 2024, MongoDB (MDB) reported revenue of $478.11 million, up 12.8% over the same period last year. EPS came in at $0.70, compared to $0.93 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $462.92 million, representing a surprise of +3.28%. The company delivered an EPS surprise of +45.83%, with the consensus EPS estimate being $0.48. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of MongoDB, Inc. (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, both dates inclusive (the "Class Period"), of the important September 9, 2024 lead plaintiff deadline. SO WHAT: If you purchased MongoDB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________ FORM 10-Q ___________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |---------------------------------------------------------------------------------------|--------------- ...

I T t ATTACTLE CALLEY t H FTD Holly Pro F I AHAY 00000 Sundry Photography MongoDB's (NASDAQ:MDB) Q2 2025 beat and raise was rewarded by a more than 18% jump in the stock during pre-market trading before it pared some of the gains at market open. Recall that the latest Q2 outperformance compares to a downward revision to MDB's growth outlook coming out of disappointing Q1 results reported in May. The combination of extended macroeconomic headwinds facing the broader software sector, as well as inefficiencies ...

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.2% on Friday. The Dow traded down 0.11% to 41,291.08 while the NASDAQ rose 0.28% to 17,565.84. The S&P 500 also rose, gaining, 0.20% to 5,603.06. Check This Out: Meta, Bank of America And 2 Other Stocks Executives Are Selling Leading and Lagging Sectors Consumer discretionary shares climbed by 0.9% on Thursday. In trading on Thursday, energy shares fell by 0.5%. Top Headline The total number of active U.S. oil rigs came i ...

MongoDB, Inc MDB stock climbed on Friday after the company reported upbeat second-quarter earnings on Thursday. The company reported quarterly sales of $478.1 million, up 12.8% year-on-year. It topped analyst consensus estimates of $464 million. The quarterly earnings of 70 cents per share beat the analyst consensus estimate of 49 cents. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital analyst Rishi Jaluria reiterated MongoDB with an Outperform and a $350 p ...

The database software company hopped over a low bar in its earnings report. Shares of MongoDB (MDB 14.74%) were soaring today after the cloud software company delivered a betterthan-expected second-quarter earnings report, beating estimates on the top and bottom lines and raising guidance for the year. As of 10:11 a.m. ET, the stock was up 14% on the news. MongoDB bounces back After plunging after its first-quarter earnings report in the spring, the NoSQL database software specialist redeemed itself with it ...

RADNOR, Pa., Aug. 30, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been against MongoDB, Inc. ("MongoDB") (NASDAQ:MDB) on behalf of investors who purchased or acquired MongoDB securities between August 31, 2023 and May 30, 2024 (the "Class Period"). The case is assigned to the Honorable Gregory Howard Woods III. The lead plaintiff deadline is September 9, 2024. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: I ...

NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (Nasdaq:MDB) and certain of the Company's senior executives. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/mongodb-inc. Investors have until September 9, 2024 to ask the Court to be appointed to lead the case. The complaint asser ...