HomeTechTechnologyMongoDB (MDB) Stock Soars After Earnings Beat & Increased Guidance

MongoDB (MDB) Stock Soars After Earnings Beat & Increased Guidance

MongoDB (MDB) shares soar after earnings beat and a raised forecast. Its adjusted EPS came in at $0.93 versus an estimated $0.45. Its revenue growth came in at 39.6% and its gross margin is 75.1%. George Tsilis discusses MDB after earnings. He compares MDB to other stocks like Oracle (ORCL) and Datadog (DDOG). He also notes that MDB’s guidance increased by 74%. Tune in to find out more about the stock market today.

Trading 360

01 Sep 2023

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