Analyst Daniel Ives reiterated an Outperform, while cutting the price target from $360 to $300. MongoDB's total revenues grew 20% year-on-year to $548.4 million, beating Street expectations of $520.6 ...
Dev C. Ittycheria, President and CEO, shared that "we generated a revenue of $591 million, up 24% year-over-year and above the high end of our guidance. Atlas revenue grew 29% year-over-year, ...
Aug 27 (Reuters) - Shares of MongoDB (MDB.O), opens new tab surged about 31% on Wednesday after the database software firm said its Atlas cloud service was seeing increasing usage as more customers ...
MongoDB operates a database management software. The main differentiator of the software is that it uses a document-oriented data model. This differs from older database systems that use relational ...
MongoDB reported another breakout quarter, with total revenue up 19% and Atlas revenue expanding 30% year over year. On top of the rolling 12-month customer addition approaching 10,000 for the first ...
MongoDB’s MDB Atlas has become a central pillar of the company’s platform strategy. In the first quarter of fiscal 2026, MongoDB highlighted strong adoption of Atlas across industries, including ...