MongoDB, Inc. (NASDAQ:MDB) shares dropped in Monday's extended trading after the company released its fourth-quarter earnings report with disappointing forward guidance.
Here's a look at the details from the report
The Details: MongoDB reported quarterly earnings of $1.65 per share, which beat the Street estimate of $1.45, according to Benzinga Pro.
Quarterly revenue of $695.07 million beat the consensus estimate of $667.15 million and was up from $548.4 million from the same period last year.
The company reported the following highlights:
- Full-year fiscal 2026 total revenue of $2.46 billion, up 23% year-over-year.
- Atlas revenue up 29% year-over-year in the fourth quarter.
- Added 2,700 customers, with over 65,200 total customers as of Jan. 31, 2026.
“We delivered strong fourth quarter results driven by our continued go-to-market execution and the broad-based demand we are seeing across our product lines, as customers deploy additional elements of the MongoDB platform,” said CJ Desai, CEO of MongoDB.
Outlook: MongoDB expects first-quarter adjusted EPS of $1.15 to $1.19, versus the $1.21 analyst estimate, and revenue of $659 million to $664 million, versus the $661.94 million estimate.
The company guided for fiscal 2027 adjusted EPS of $5.75 to $5.93, versus the $5.63 analyst estimate, and revenue of $2.86 billion to $2.9 billion, versus the $2.89 billion estimate.
MDB Stock Price: According to data from Benzinga Pro, MongoDB stock dropped 23.64% to $248.19 in Monday's extended trading.
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