MongoDB (NASDAQ:MDB) reported its Q3 earnings results on Monday, December 6, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
MongoDB beat estimated earnings by 71.05%, reporting an EPS of $-0.11 versus an estimate of $-0.38, which surprised analysts.
Revenue was up $76,122,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15, which was followed by a 26.33% increase in the share price the next day.
Here’s a look at MongoDB’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.39 | -0.37 | -0.39 | -0.44 |
| EPS Actual | -0.24 | -0.15 | -0.33 | -0.31 |
| Revenue Estimate | 184.20M | 169.93M | 156.97M | 138.69M |
| Revenue Actual | 198.75M | 181.65M | 171.00M | 150.77M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
