Tag: $MongoDB

MongoDB shares rose 15% in after-hours trading on Monday after the company announced third-quarter earnings that topped Wall Street estimates and issued a strong forecast.

Database software company MongoDB (MDB) reported Q1 CY2025 results topping the market’s revenue expectations , with sales up 21.9% year on year to $549 million.

MongoDB shares are trading sharply lower in late trading Thursday after the company provided disappointing guidance for the July quarter and the January 2025 fiscal year, the latest in a series of disappointing financial reports from the enterprise software sector.

Shares of MongoDB rose as much as 22% in extended trading Thursday after the database software maker issued blowout fiscal first-quarter earnings and lifted its full-year guidance.