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MongoDB (MDB) Stock Drops 14% After Beating Earnings. Here’s Why

By Trader Edge at 2026-09-10 02:01

Sentiment: Negative

TLDR MongoDB reported Q2 revenue of $771.8 million, up 30% year over year, beating the $735 million analyst estimate. Adjusted EPS came in at $1.90, well above the $1.62 forecast. Atlas revenue grew 29% year over year, representing 73% of total sales. MongoDB raised its full-year revenue guidance to $2.99 billion to $3.03 billion. The [...] The post MongoDB (MDB) Stock Drops 14% After Beating Earnings. Here’s Why appeared first on CoinCentral. Continue reading...

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