MongoDB (MDB) Surpasses Q1 Earnings and Revenue Estimates

Financial Performance - MongoDB reported quarterly earnings of $1 per share, exceeding the Zacks Consensus Estimate of $0.65 per share, and up from $0.51 per share a year ago, representing an earnings surprise of 53.85% [1] - The company posted revenues of $549.01 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 4.23%, and an increase from $450.56 million year-over-year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.59 on revenues of $546.56 million, and for the current fiscal year, it is $2.56 on revenues of $2.26 billion [7] - The estimate revisions trend for MongoDB is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which MongoDB belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]