MongoDB First Quarter 2025 Earnings: Beats Expectations

MONGODB -0.33%

MONGODB

MDB

419.00

-0.33%

MongoDB (NASDAQ:MDB) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$450.6m (up 22% from 1Q 2024).
  • Net loss: US$80.6m (loss widened by 49% from 1Q 2024).
  • US$1.10 loss per share (further deteriorated from US$0.77 loss in 1Q 2024).
earnings-and-revenue-growth
NasdaqGM:MDB Earnings and Revenue Growth June 6th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

MongoDB Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in the US.

The company's shares are down 30% from a week ago.

Risk Analysis

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