MongoDB(MDB) shares slide ~15% despite strong earnings
MDB MongoDB Inc
$435.29 -3.99%
View chart & analysis → - 1MongoDB(MDB) shares fell about 15% in early trading Wednesday despite beating quarterly estimates and raising its annual outlook
- 2Q2 revenue of $771.8M (up 30% YoY; adj. EPS $1.90); raised FY2027 revenue guidance to $2.99B–$3.03B
- 3Atlas grew ~29%; despite margin improvement and raised guidance, investors sold off demanding faster cloud growth
This 3-line summary is compiled from the report below.
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