MongoDB: Q1 Earnings Insights

MongoDB MDB reported its Q1 earnings results on Thursday, June 1, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

MongoDB beat estimated earnings by 194.74%, reporting an EPS of $0.56 versus an estimate of $0.19.

Revenue was up $82.83 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.5 which was followed by a 8.36% drop in the share price the next day.

Here's a look at MongoDB's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.07 -0.17 -0.28 -0.09
EPS Actual 0.57 0.23 -0.23 0.20
Revenue Estimate 337.66M 303.39M 282.40M 266.45M
Revenue Actual 361.31M 333.62M 303.66M 285.45M

To track all earnings releases for MongoDB visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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