MongoDB Shares Up 16% on Strong Q3 Results
<p><a href='https://financialmodelingprep.com/financial-summary/MDB'>MongoDB, Inc. (NASDAQ:MDB) </a>shares closed more than 16% higher on Tuesday following the company’s reported Q3 results, with EPS coming in at ($0.11), better than the consensus estimate of ($0.38). Quarterly revenue of $226.9 million beat the consensus estimate of $205.3 million, driven by impressive Atlas growth, controlled OpEx, and rising enterprise adoption.</p>
<p>Analysts at Oppenheimer continue to view Atlas as the major driver of the company’s growth and believe the accelerating consumption among existing enterprise customers can continue to drive impressive growth.</p>

NASDAQ:MDB