Shares of MongoDB surged 15% in after-hours trading following a strong third-quarter earnings report that exceeded Wall Street expectations. The company reported a revenue of $628 million, up 19% year over year, with adjusted earnings per share of $1.32, surpassing projections. Former CEO Dev Ittycheria praised the platform’s strength, while successor CJ Desai took over in November. Non-GAAP net income was $114.5 million, or $1.32 per share. Fourth-quarter revenue is projected to reach $665 million to $670 million, and full-year guidance was raised to $2.434 billion to $2.439 billion. Analysts had expected $2.36 billion.

Read more at CNBC: Stock jumps on revenue beat, strong guidance