MongoDB Stock Soars on Strong Q2 Results and Updated Forecast

Reported about 1 month ago

MongoDB's shares jumped after the company exceeded earnings and revenue expectations for Q2, while also upgrading its full-year revenue outlook to a range of $1.92 billion to $1.93 billion, up from the previous estimate of $1.88 billion to $1.90 billion. Their Q3 forecast also surpassed Wall Street predictions, boosting sentiment in the software sector.

Source: YAHOO

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