MongoDB Shares Surge 17% on Strong Earnings and Outlook
MongoDB shares soared 16.9% in premarket trading Friday after the database software company reported better-than-expected second quarter fiscal 2025 results and raised its full-year guidance.The company posted adjusted earnings per share of $0.70, significantly beating the analyst estimate of $0.49.Revenue for the quarter came in at $478.1 million, surpassing the consensus estimate of $464.94 million and representing a 13% increase YoY.MongoDB's flagship cloud database offering, Atlas , continue