MongoDB Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

MongoDB, Inc. (NASDAQ:MDB) will release financial results for the second quarter after the closing bell on Tuesday, Aug. 26.

Analysts expect the New York-based company to report quarterly earnings at 66 cents per share, down from 70 cents per share in the year-ago period. MongoDB projects to report quarterly revenue at $553.57 million, compared to $478.11 million a year earlier, according to data from Benzinga Pro.

On June 4, MongoDB reported first-quarter revenue of $549.01 million, beating analyst estimates of $528.22 million, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $1 per share, beating analyst estimates of 66 cents per share.

MongoDB shares rose 3.4% to close at $219.06 on Friday.

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