MongoDB, Inc. - (MDB) News
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MDB News Highlights
- MDB's 30 day story count now stands at 18.
- Over the past 23 days, the trend for MDB's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- TOP are the most mentioned tickers in articles about MDB.
Latest MDB News From Around the Web
Below are the latest news stories about MONGODB INC that investors may wish to consider to help them evaluate MDB as an investment opportunity.
MongoDB Launches Atlas for Manufacturing and AutomotiveMongoDB, (NASDAQ: MDB) today at MongoDB.local Frankfurt, announced MongoDB Atlas for Manufacturing and Automotive, a new initiative that helps organizations innovate with real-time data and build applications that take advantage of intelligent, connected technology. MongoDB Atlas for Manufacturing and Automotive includes expert-led innovation workshops, tailored technology partnerships, and industry-specific knowledge accelerators to provide customized training paths designed for the wide range |
MongoDB Revenue Soars as Focus Turns to AI Enablement ToolsBy Tech Edge Editorial MongoDB (Nasdaq: MDB), a data platform player company, reported total revenue of $423.8 million in its second quarter results, a 40% increase year-over-year. The company saw a gross profit of $318.5 million, 75% gross margin compared to 71% in the year-ago period, it said. Net loss decreased to $37.6 million or […] |
1 Top Growth Stock Transforming Into an AI Software PlatformGrowth from this company has topped key peers like Snowflake and Databricks, but that may not last long. |
The 3 Best Cloud Computing Stocks to Buy Now: September 2023The best cloud computing stocks that grew revenues over 30% year-over-year in the latest quarterly earnings. |
MongoDB, Inc. (MDB) is Attracting Investor Attention: Here is What You Should KnowZacks.com users have recently been watching MongoDB (MDB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. |
Wall Street Analysts See Upside Potential for 10 Stocks with Rising Price TargetsIn this article, we will discuss the 10 stocks whose price targets were recently raised by analysts. If you want to see more such stocks on the list, go directly to Wall Street Analysts See Upside Potential for 5 Stocks with Rising Price Targets. Global stocks declined on September 6 due to concerns about slowing growth […] |
Here's Why MongoDB's Growth Will Slow DownDatabase software provider MongoDB (NASDAQ: MDB) reported impressive revenue growth in the second quarter that was far ahead of analyst expectations. Total revenue soared 40% year over year to $423.8 million, despite a tough macroeconomic environment. The timing of multi-year contracts and the way those contracts are accounted for drove unusual revenue growth in MongoDB's non-cloud segment. |
MongoDB Inc. (MDB) Reports Exceptional Q2 2024 Results Amid Challenging Market ConditionsMongoDB Inc. (NASDAQ:MDB) recently held its second-quarter fiscal year 2024 earnings conference call, where the company's top executives discussed the financial results and future growth opportunities. MongoDB's Atlas revenue grew by 38% year over year, accounting for 63% of the total revenue. Despite challenging market conditions, MongoDB continues to innovate and expand its product offerings. |
Why MongoDB Stock Popped TodayShares of MongoDB (NASDAQ: MDB) climbed as much as 8.6% early Friday, then settled to trade up 5% as of 1:40 p.m. ET Friday after the NoSQL database platform company announced strong fiscal 2024 second-quarter results Thursday. MongoDB's quarterly revenue grew 40% year over year, to $423.8 million, translating to non-GAAP (adjusted) net income of $76.7 million, or $0.93 per share. Subscription revenue climbed 40% year over year to $409.3 million, continuing to comprise the bulk of MongoDB's top line. |
Midday movers: Lululemon, Broadcom, Dell Technologies and moreInvesting.com -- U.S. stocks were mostly higher on Friday after the jobs report for August showed more than expected jobs created in the month but higher than expected unemployment. |