BUZZ-MongoDB plummets after it forecasts Q1 profit below estimates
MongoDB, Inc. Class A +2.90% Post
MongoDB, Inc. Class A MDB | 251.14 250.90 | +2.90% -0.10% Post |
Updates
** Shares of database software firm MongoDB MDB.O fall 23.3% to $249.46 in extended trading
** MDB expects Q1 FY27 adjusted EPS to be between $1.15 and $1.19, below analysts' average estimate of $1.21, according to data compiled by LSEG
** Co says its Q4 revenue up 27% at $695.1 million vs estimates of $667.2 million
** Cedric Pech, president of field operations, and Paul Capombassis, chief revenue officer, are leaving MongoDB, co says
** Erica Volini joins MongoDB as chief customer officer, it says
** In 2025, MDB rose ~81%
