MongoDB Stock Surges After Positive Earnings Report

Reported 1 day ago

MongoDB's stock jumped 15.8% following an impressive earnings report that exceeded analyst expectations, with sales reaching $549 million and earnings per share at $1. Despite reporting a GAAP loss, the company demonstrated growth in free cash flow and strong future guidance, putting it on investors' radar amid concerns about its non-GAAP profitability.

Source: YAHOO

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