MongoDB (NASDAQ:MDB) reported its Q3 earnings results on Tuesday, December 5, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
MongoDB beat estimated earnings by 92.0%, reporting an EPS of $0.96 versus an estimate of $0.5.
Revenue was up $99.32 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.47 which was followed by a 3.04% increase in the share price the next day.
Here’s a look at MongoDB’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.19 | 0.07 | -0.17 |
| EPS Actual | 0.93 | 0.56 | 0.57 | 0.23 |
| Revenue Estimate | 393.35M | 347.15M | 337.66M | 303.39M |
| Revenue Actual | 423.79M | 368.28M | 361.31M | 333.62M |
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.