For the quarter ended October 2024, MongoDB (MDB) reported income of $529.38 million, up 22.3% over the identical interval final 12 months. EPS got here in at $1.16, in comparison with $0.96 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $495.48 million, representing a shock of +6.84%. The corporate delivered an EPS shock of +68.12%, with the consensus EPS estimate being $0.69.
Whereas traders carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s worth efficiency.
Right here is how MongoDB carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- MongoDB Atlas clients: 51,100 versus 50,538 estimated by three analysts on common.
- Income- Subscription: $512.21 million versus $480.67 million estimated by eight analysts on common. In comparison with the year-ago quarter, this quantity represents a +22.4% change.
- Income- Providers: $17.17 million in comparison with the $14.80 million common estimate primarily based on eight analysts. The reported quantity represents a change of +17.6% 12 months over 12 months.
View all Key Company Metrics for MongoDB here>>>
Shares of MongoDB have returned +18.4% over the previous month versus the Zacks S&P 500 composite’s +2.9% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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MongoDB, Inc. (MDB) : Free Stock Analysis Report
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