05:30 AM EDT, 08/27/2025 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

MongoDB's ( MDB ) shares were up 30% in premarket activity on Wednesday after the company reported overnight quarterly earnings and sales that beat market expectations and also raised its full-year outlook.

The company reported fiscal Q2 adjusted earnings late Tuesday of $1.00 per diluted share, up from $0.70 a year earlier.

Analysts surveyed by FactSet expected $0.67.

Revenue for the quarter ended July 31 was $591.4 million, up from $478.1 million a year earlier.

Analysts polled by FactSet expected $553.9 million.

The company set Q3 adjusted EPS guidance of $0.76 to $0.79 on revenue of $587 million to $592 million. Analysts expected EPS of $0.72 on revenue of $582.3 million.

The company raised its fiscal 2026 adjusted EPS guidance to $3.64 to $3.73 from $2.94 to $3.12 previously. Analysts expected $3.17.

The company also raised its full-year revenue guidance to $2.34 billion to $2.36 billion from $2.25 billion to $2.29 billion previously. Analysts expected $2.29 billion.

Price: 278.08, Change: +63.74, Percent Change: +29.74