MongoDB: Q4 Earnings Insights

MongoDB MDB reported its Q4 earnings results on Tuesday, March 8, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

MongoDB beat estimated earnings by 59.09%, reporting an EPS of $-0.09 versus an estimate of $-0.22.

Revenue was up $95.50 million from the same period last year.

Last quarter the company beat on EPS by $0.27 which was followed by a 16.42% increase in the share price the next day.

Here's a look at MongoDB's past performance:

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	-0.38	-0.39	-0.37	-0.39
EPS Actual	-0.11	-0.24	-0.15	-0.33
Revenue Estimate	205.16M	184.20M	169.93M	156.97M
Revenue Actual	226.89M	198.75M	181.65M	171.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

MongoDB management provided guidance for their next quarter, expecting earnings between $-0.12 and $-0.08 per share for the next quarter.

This represents a -11.11% in quarter-over-quarter growth for MongoDB, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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