Reported 1 day ago
MongoDB reported better-than-expected Q3 earnings and raised its fiscal 2025 guidance, with revenue increasing 22% to $529.4 million. Despite this positive performance, shares fell about 3% after the earnings call due to concerns over future growth and the impact of multi-year deals. The company also announced the upcoming departure of COO and CFO Michael Gordon, who will transition to an advisory role.
Source: YAHOO