MongoDB Inc is a leading provider of modern database solutions that enable organizations to harness the power of data more effectively. The company is renowned for its open-source, document-based database platform, which allows developers to build, scale, and manage applications with unmatched flexibility and efficiency. By offering cloud-based database services alongside on-premise solutions, MongoDB empowers businesses to seamlessly process large volumes of data, optimize performance, and accelerate application development. The company caters to a wide range of industries, helping clients unlock the full potential of their data in today’s fast-paced digital environment. Read More
Database software company MongoDB (MDB) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 21.9% year on year to $549 million. The company expects next quarter’s revenue to be around $550.5 million, close to analysts’ estimates. Its non-GAAP loss of $0.46 per share was significantly below analysts’ consensus estimates.
As the regular session of the US market concludes on Wednesday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
MongoDB reports first-quarter revenue of $549.01 million, beating analyst estimates of $528.22 million, according to Benzinga Pro. The company reports first-quarter adjusted earnings of $1.00 per share, beating analyst estimates of 66 cents.
Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Commvault Systems (NASDAQ:CVLT) and its peers.
The Nasdaq 100 Index remains under pressure after forming a death cross pattern a few weeks ago. It has retreated to $18,257, down by over 17.8% from its highest point this year.
