04:39 PM EDT, 05/30/2024 (MT Newswires) -- MongoDB ( MDB ) reported fiscal Q1 non-GAAP earnings late Thursday of $0.51 per diluted share, down from $0.56 a year earlier.

Analysts polled by Capital IQ expected $0.37.

Revenue in the quarter ended April 30 rose to $450.6 million from $368.3 million a year earlier.

Analysts surveyed by Capital IQ expected $439.9 million.

The company expects fiscal Q2 non-GAAP EPS of $0.46 to $0.49 on revenue of $460 million to $464 million.

Analysts polled by Capital IQ expect EPS of $0.57 on revenue of $471.5 million.

The company expects fiscal 2025 non-GAAP EPS of $2.15 to $2.30 on revenue of $1.88 billion to $1.9 billion. The previous guidance was for non-GAAP EPS of $2.27 to $2.49 on revenue of $1.9 billion and $1.93 billion.

Analysts surveyed by Capital IQ expect EPS of $2.43 on revenue of $1.94 billion.

The company's shares tumbled 23% in recent after-hours activity.

Price: 237.90, Change: -72.10, Percent Change: -23.26