MongoDB, Inc. (NASDAQ:MDB) is set to announce third quarter earning results on Tuesday 8th December 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, MDB to report 3Q21 loss of $ 0.44 per share from revenue of $ 138.69 million.
For the full year, analysts anticipate top line of $ 553.36 million, while looking forward to loss of $ 1.22 per share bottom line.
The Company Outlook
Earnings for 3Q21 are anticipated in a range of $ -0.48 ~ $ -0.45 per share, while revenues are expected in a range of $ 137.00 million ~ $ 139.00 million
Full Year 2021 topline are forecasted in a range of$ 549.00 million ~ $ 554.00 million, where as bottomline are predicted in a range of $ -1.29 ~ $ -1.21 per share
Click Here For More Historical Outlooks Of MongoDB, Inc.
Previous Quarter Performance
MongoDB, Inc. unveiled loss for the second quarter of $ 0.22 per share, from the revenue of $ 138.28 million. The quarterly revenues up 39.16 percent compared with the same quarter last year. According to street consensus, MDB was expected to report 2Q21 loss of $ 0.39 per share from revenue of $ 126.77 million. The bottom line results beat street analysts by $ 0.17 or 43.59 percent, at the same time, top line results outshined analysts by $ 11.51 million or 9.08 percent.
Stock Performance
Shares of MongoDB, Inc. traded up $ 2.83 or 1.02 percent on Monday, reaching $ 280.46 with volume of 755.40 thousand shares. MongoDB, Inc. has traded high as $ 287.96 and has cracked $ 275.55 on the downward trend
According to the previous trading day, closing price of $ 280.46, representing a 195.95 % increase from the 52 week low of $ 93.81 and a 4.2 % decrease over the 52 week high of $ 289.79.
The company has a market capital of $ 16.51 billion and is part of the Technology sector and Software – Application industry.
Conference Call
MongoDB, Inc. will be hosting a conference call at 5:00 PM eastern time on 8th December 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, 844-808-6880 Toll Free or 412-317-5284 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.mongodb.com
MongoDB, Inc. operates as a general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a subscription package for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a cloud-hosted database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.
