From CNBC: 2025-03-05 18:26:42

MongoDB shares dropped 16% after the company issued disappointing guidance. In the last quarter, revenue rose 20% to $548.4 million, with $15.8 million in net income. MongoDB added 1,900 customers but ended with lower deferred revenue of $360 million. The company plans to focus on large deals and acquired AI startup Voyage. CEO Dev Ittycheria aims to capitalize on opportunities. For fiscal 2026, MongoDB expects slower growth with revenue of $2.24 billion to $2.28 billion. Analysts had anticipated higher earnings and revenue. Prior to the drop, MongoDB shares were up 13%.



Read more at CNBC:: MongoDB (MDB) Q4 earnings report 2025