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MongoDB Q3 Non-GAAP Earnings, Revenue Increase; Fiscal 2025 Outlook Raised -- Shares Jump After Hours
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MongoDB Q3 Non-GAAP Earnings, Revenue Increase; Fiscal 2025 Outlook Raised -- Shares Jump After Hours
Dec 9, 2024 2:01 PM

04:32 PM EST, 12/09/2024 (MT Newswires) -- MongoDB ( MDB ) reported Q3 non-GAAP earnings late Monday of $1.16 per diluted share, up from $0.96 a year earlier.

Analysts polled by FactSet expected $0.68.

Revenue for the quarter ended Oct. 31 was $529.4 million, up from $432.9 million a year earlier.

Analysts surveyed by FactSet expected $497.2 million.

The company said it expects Q4 non-GAAP EPS between $0.62 and $0.65 and revenue between $515 million and $519 million. Analysts polled by FactSet expect $0.56 and $507.8 million, respectively.

The company expects fiscal 2025 non-GAAP EPS between $3.01 and $3.03 and revenue between $1.97 billion and $1.98 billion. The company previously expected non-GAAP EPS of $2.33 to $2.47 and revenue of $1.92 billion to $1.93 billion. Analysts surveyed by FactSet expect non-GAAP EPS of $2.43 and revenue of $1.94 billion.

Shares of the company jumped past 10% in recent after-hours activity.

Price: 385.99, Change: +35.86, Percent Change: +10.24

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