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MongoDB shares sink after company issues weak guidance
MDBMongoDB(MDB) CNBC·2025-03-05 23:26

MongoDB shares sank 16% in extended trading on Wednesday after the database software maker issued disappointing guidance.Here's how the company did in comparison with LSEG consensus:Earnings per share: 1.28adjustedvs.66centsexpectedRevenue:1.28 adjusted vs. 66 cents expectedRevenue: 548.4 million vs. 519.6millionexpectedRevenueincreasedabout20519.6 million expectedRevenue increased about 20% from a year ago in the quarter that ended on Jan. 31, according to a statement. The company generated 15.8 million in net income, or 19 cents per share, which factors in stock-based compensation ...