MongoDB shares jumped as much as 16% in extended trading Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance.
With respect to guidance, MongoDB called for fiscal third-quarter adjusted earnings of 65 cents to 68 cents per share on $493.0 million to $497.0 million in revenue.
MongoDB now sees $2.33 to $2.47 per share in adjusted earnings, with $1.92 billion to $1.93 billion in revenue.
That's up from the May guidance of $2.15 to $2.30 in adjusted earnings per share and $1.88 billion to $1.90 billion in revenue.
Analysts had predicted $2.26 per share in adjusted earnings, along with $1.90 billion in revenue.
Persons:
Dev Ittycheria, Ittycheria, Ash Kulkarni, MongoDB, LSEG
Organizations:
Management nudged