Overview
- Shares rose about 15% in after-hours trading following better-than-expected results and guidance.
- Fiscal Q3 revenue came in at $628.3 million, up 19% year over year and above estimates around $592 million.
- Adjusted earnings were $1.32 per share versus projections near 80 cents; GAAP results showed a $2 million loss, or 2 cents per share.
- For the fiscal fourth quarter, MongoDB guided to revenue of $665 million to $670 million and adjusted EPS of $1.44 to $1.48.
- Full-year revenue outlook was raised to roughly $2.434 billion to $2.439 billion, with EPS guided to $4.76 to $4.80.