MongoDB stock jumps 15% on earnings and revenue beat, strong guidance

Core Insights - MongoDB's shares increased by 15% in after-hours trading following the announcement of strong third-quarter earnings that exceeded Wall Street expectations [1] - The company reported a revenue of $628 million, representing a 19% year-over-year growth, surpassing the expected $592 million by LSEG analysts [1] - Adjusted earnings per share were $1.32, significantly higher than Wall Street's forecast of 80 cents per share [1] Company Performance - The strong results highlight the robustness of MongoDB's platform, which includes a flexible document model and enhanced database capabilities such as search and vector search [2] - The company emphasizes its enterprise-grade security, durability, availability, and performance, along with the ability to operate in various environments [2]