MongoDB slumps after downbeat annual revenue, profit forecasts

Mongodb

06/03/2025 11:31

** Shares of software company MongoDB MDB.O down 18% at $216.59 premarket

** After market on Wednesday, company forecast FY26 revenue and adjusted earnings per share below analysts' estimates

** MDB expects annual adjusted EPS to be between $2.44 and $2.62, compared with the estimate of $3.35 - data compiled by LSEG

** Company expects FY26 revenue between $2.24 billion and $2.28 billion, lower than analysts' expectation of $2.33 billion

** As of last close, shares up ~13% YTD

 (Reporting by Pritam Biswas in Bengaluru)

 ((Pritam.Biswas@thomsonreuters.com))