MongoDB Sees Q2 2024 Revenue $388M-$392M Vs $361.59M Est
Portfolio Pulse from Benzinga Newsdesk
MongoDB expects Q2 2024 revenue to be between $388M and $392M, significantly higher than the estimated $361.59M.
June 01, 2023 | 8:12 pm
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POSITIVE IMPACT
MongoDB's Q2 2024 revenue forecast of $388M-$392M exceeds the $361.59M estimate, indicating strong growth.
MongoDB's higher-than-expected revenue forecast for Q2 2024 indicates that the company is experiencing strong growth and outperforming market expectations. This positive news is likely to have a short-term positive impact on the stock price of MDB.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100