) saw its shares soar 15% after the database software company reported better-than-expected second quarter fiscal 2025 results and raised its full-year guidance.
Revenue for the quarter came in at $478.1 million, surpassing the consensus estimate of $464.94 million and representing a 13% increase YoY.The company also reported strong customer growth, surpassing 50,700 customers as of July 31, 2024. Looking ahead, MongoDB raised its full-year fiscal 2025 guidance. The company now expects EPS of $2.33-$2.47, up from the previous analyst consensus of $2.26.For the third quarter, MongoDB forecasts EPS of $0.65-$0.68 and revenue of $493-497 million, both exceeding analyst expectations.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.