From Financial Modeling Prep: 2025-03-06 10:48:00

MongoDB (NASDAQ:MDB) shares plummeted 20% due to a disappointing full-year outlook overshadowing a strong fourth-quarter earnings report. The company reported adjusted EPS of $1.28 on revenue of $548.4 million, beating expectations. First quarter guidance exceeded estimates, but fiscal 2026 projections fell short, with adjusted EPS of $2.44 to $2.62 and revenue of $2.24 billion to $2.28 billion.

Investor enthusiasm waned as MongoDB’s full-year outlook missed consensus estimates, with projected adjusted EPS of $2.44 to $2.62 falling short of the expected $3.39. Revenue expectations of $2.24 billion to $2.28 billion also failed to meet projections of $2.32 billion. The outlook is impacted by an anticipated high single-digit percentage revenue decline year-over-year due to a $50 million reduction in multi-year term license revenue.



Read more at Financial Modeling Prep:: MongoDB Stock Plunges 20% as Weak Full-Year Guidan…