MongoDB (NASDAQ:MDB) reported its Q1 earnings results on Thursday, June 1, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
MongoDB beat estimated earnings by 194.74%, reporting an EPS of $0.56 versus an estimate of $0.19.
Revenue was up $82.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.5 which was followed by a 8.36% drop in the share price the next day.
Here’s a look at MongoDB’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | -0.17 | -0.28 | -0.09 |
| EPS Actual | 0.57 | 0.23 | -0.23 | 0.20 |
| Revenue Estimate | 337.66M | 303.39M | 282.40M | 266.45M |
| Revenue Actual | 361.31M | 333.62M | 303.66M | 285.45M |
To track all earnings releases for MongoDB visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
