mongoDB
- Friday Closes 16% Higher After Earnings Release After Thursday's Market Close
- Non-SQL DBMS #1 Company
- Explained that customer demand is continuing without being affected by the macro environment
- MongoDB Atlas Vector Search Named Most Popular Vector Search Engine in Recent AI Reports
Performance exceeded expectations
- Revenue of $47.8 billion (+13% YoY, above expectations of $46.4 billion)
- Non-GAAP EPS of $0.7 ($0.49 above expectations)
- Atlas Cloud Database Service Consumption Exceeds Expectations
- Atlas Sales +27% YoY
Quarterly guidance
- Revenue between $4.93 and $49.7 billion (above expectations of $47.8 billion)
- Non-GAAP EPS of $0.65-$0.68 (beyond expectations of $0.6)
Raising Annual Guidance
- Revenue of $1.92-$1.93 billion (above expectations of $1.9 billion)
- Non-GAAP EPS of $2.33-$2.47 (beyond expectations of $2.26)
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