Recap: MongoDB Q3 Earnings

Shares of MongoDB MDB moved higher by 0.7% after the company reported Q3 results. Quarterly Results Earnings per share were down 19.23% year over year to ($0.31), which beat the estimate of ($0.44). Revenue of

Shares of MongoDB MDB moved higher by 0.7% after the company reported Q3 results.

Quarterly Results

Earnings per share were down 19.23% year over year to ($0.31), which beat the estimate of ($0.44).

Revenue of $150,771,000 rose by 37.76% from the same period last year, which beat the estimate of $138,690,000.

Guidance

MongoDB Sees FY21 Adj. EPS $(1.07)-$(1.04) vs $(1.22) Estimate, Sales $574.4M-$576.4M vs $553.4M Est.

How To Listen To The Conference Call

Date: Dec 08, 2020

Time: 05:00 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/mdb/mediaframe/42091/indexr.html

Technicals

Company's 52-week high was at $289.79

Company's 52-week low was at $93.81

Price action over last quarter: Up 27.26%

Company Description

MongoDB Inc is a US-based general-purpose database platform. The company provides database platform to run applications at scale across a varied range of use cases in the cloud, on-premise and in a hybrid environment. The platform addresses the performance, scalability, flexibility and reliability demands of modern applications while maintaining the core capabilities of legacy databases. The commercial database products of the company include MongoDB Enterprise Server, MongoDB Atlas, Community Server, MongoDB Stitch, and others. The company also provides professional services to customers, including consulting and training. The majority of the company's revenue comes from the United States.