MongoDB shares sink 23% after management trims guidance

MongoDB stock sank as much as 25% in extended trading on Thursday after the database software maker issued light guidance for the quarter and reduced its forecast for the full fiscal year. Here's how the company did, compared to the LSEG consensus: Earnings per share: 51 cents adjusted vs. 40 cents expected Revenue: $450.6 million vs.$439.7 million expected MongoDB's revenue grew 22% year over year in the fiscal first quarter, which ended on April 30, according to a statement. Growth slowed for the third c ...