06:24 AM EDT, 08/27/2025 (MT Newswires) -- MongoDB ( MDB ) shares jumped early Wednesday as the database software maker lifted its full-year outlook on the back of stronger-than-expected fiscal second-quarter results.

The company now anticipates adjusted earnings to be in a range of $3.64 to $3.73 per share for fiscal 2026, it said late Tuesday, up from previous projections of $2.94 to $3.12. Revenue is pegged at $2.34 billion to $2.36 billion, up from the prior guidance of $2.25 billion to $2.29 billion.

The current consensus on FactSet is for non-GAAP EPS of $3.53 and sales of $2.32 billion for the fiscal year. MongoDB's ( MDB ) stock surged 30% in the most recent premarket activity.

"We are raising our expectations for revenue based on our confidence in Atlas, as well as a strong performance in the first half of the year, providing a higher starting point for Atlas heading into the second half," Chief Financial Officer Michael Berry said during an earnings call, according to a FactSet transcript. "We had a strong start to the year and are confident in our ability to drive continued revenue and profitability growth."

Atlas is the company's cloud-based developer data platform.

MongoDB ( MDB ) reported adjusted EPS of $1 for the quarter ended July, up from $0.70 the year before and surpassing the Street's view for $0.67. Revenue climbed 24% to $591.4 million, topping the average analyst estimate on FactSet of $554.1 million.

Subscription revenue advanced to $572.4 million from $463.8 million in the prior-year period, while services increased to about $19 million from $14.3 million. Atlas rose 29% on an annual basis and represented 74% of total revenue, compared with 71% in the prior-year quarter, Berry said on the call. "Atlas consumption growth was strong and relatively consistent with last year's growth rates," the CFO added.

The total number of customers increased to more than 59,900 at the end of July from over 57,100 at the end of April. "The growth in our total customer count is being driven primarily by Atlas, which had over 58,300 customers at the end of the quarter, compared to over 49,200 in the year-ago period," Berry told analysts.

For the ongoing three-month period, the company expects adjusted EPS to come in between $0.76 and $0.79 on a revenue range of $587 million to $592 million. The Street is looking for non-GAAP EPS of $0.78 and sales of $589.2 million.

The company estimates to see a low-20% annual decline in its non-Atlas business in the third quarter, after the "strong multi-year outperformance" in the prior-year quarter, according to Berry. "(The third quarter) of last year was our strongest multi-year revenue quarter and is the largest portion of the multi-year headwind," Berry said.