Stock Market

MongoDB soft full-year guidance overshadows Q4 results beat; shares drop

Investing | Thu, Mar 06 2025 09:33 AM AEDT

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Image Source: Sivastatz

Investing.com -- MongoDB reported Wednesday full-year guidance that fell short of estimates, overshadowing fourth-quarter results that beat on both the top and bottom lines.

MongoDB (NASDAQ:MDB) fell more than 15% following the report.

For the three months ended Jan. 31, MongoDB reported adjusted EPS of $1.28 on revenue of $548.4 million, topping estimates of $0.67 and $519.8M, respectively.

Looking ahead to fiscal Q1, the company forecasts adjusted EPS of $0.63 to $0.67 on revenue of $524M to $529M. That topped Wall Street estimates for EPS of $0.63 on revenue of $526.1M.

For fiscal 2025, adjusted EPS was guided in a range of $2.44 to $2.62, missing estimates of $3.39. While revenue is expected between $2.24B and $2.28B, missing estimates of $2.32B.

This article first appeared in Investing.com

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