MongoDB (MDB) reported earnings on Wed 4 Sept 19 (a/h)

** charts before earnings **

 

=== daily 2 days before ===

** charts after earnings **

MongoDB beats by $0.02, beats on revs; guides Q3 EPS in-line, revs above consensus; raises FY20 revs above consensus

Reports Q2 (Jul) loss of $0.26 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.28); revenues rose 66.8% year/year to $99.4 mln vs the $91.7 mln S&P Capital IQ Consensus. 

Continued strong growth with over 15,000 customers (+6% Q/Q) at July 31, 2019

MongoDB Atlas Revenue 37% of Total Q2 Revenue, up over 240% Year-over-Year

Co issues guidance for Q3, sees EPS of ($0.29-0.27), excluding non-recurring items, vs. ($0.28) S&P Capital IQ Consensus; sees Q3 revs of $98-100 mln vs. $94.86 mln S&P Capital IQ Consensus.

Co issues upside guidance for FY20, sees EPS of ($1.11-1.06) from ($1.11-1.04) excluding non-recurring items, vs. ($1.06) S&P Capital IQ Consensus; raises FY20 revs to $390-395 mln from $375-381 mln vs. $381.87 mln S&P Capital IQ Consensus. 

Appointed head of Enterprise and Cloud Marketing for Atlassian (TEAM) to Board