MongoDB ( MDB ), Inc. reported fourth-quarter financial results after the bell Thursday. Here's a look at the details.

MongoDB ( MDB ) clocked quarterly earnings of 86 cents per share, which beat the analyst consensus estimate of 47 cents. This is a 50.88% increase over earnings of $0.57 per share from the same period last year.

Quarterly sales clocked in at $458 million, beating the analyst consensus estimate of $433.73 million and representing a 26.76% increase over sales of $361.31 million year-over-year.

MongoDB ( MDB ) generated a free cash flow of $50.5 million in the fourth quarter, compared to a free cash flow of $23.8 million in the prior year's period.

"MongoDB ( MDB ) finished fiscal 2024 on a strong note, highlighted by 34% Atlas revenue growth and operating margin improvement of nearly five percentage points year-over-year. We continue to see healthy new workload wins as MongoDB's ( MDB ) developer data platform increasingly becomes the standard for modern application development," said Dev Ittycheria, CEO of MongoDB ( MDB ).

Outlook: MongoDB ( MDB ) sees first-quarter earnings between 34 cents and 39 cents per share, versus the 62 cents per share estimate, and revenue between $436 million and $440 million, versus the $447.47 million estimate.

The company expects fiscal year 2025 earnings between $2.27 and $2.49 per share, versus the $3.34 per share estimate, and full-year revenue between $1.9 billion and $1,93 billion, versus the $2.03 billion estimate.

Related News: Yext Stock Jumps On Q4 Results: Here's Why

MDB Price Action: According to Benzinga Pro, MongoDB ( MDB ) shares are trading down 11.7% after-hours at $364.00 at the time of publication.

Image from Shutterstock