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MongoDB (NASDAQ:MDB) Exceeds Q3 Expectations But Stock Drops

Database software company MongoDB (MDB) reported results ahead of analysts' expectations in Q3 FY2024, with revenue up 29.8% year on year to $432.9 million. On top of that, next quarter's revenue guidance ($431 million at the midpoint) was surprisingly good and 4.1% above what analysts were expecting. It made a non-GAAP profit of $0.96 per share, improving from its profit of $0.23 per share in the same quarter last year.
Cash Flow Dev Ittycheria Chief Executive Officer Wall Street Revenue Growth Analyst Estimates
Source: yahoo.com

C3.ai (NYSE:AI) Misses Q2 Sales Targets, Stock Drops

Artificial intelligence (AI) software company C3.ai (NYSE:AI) missed analysts' expectations in Q2 FY2024, with revenue up 17.3% year on year to $73.23 million. Next quarter's revenue guidance of $76 million also underwhelmed, coming in 2.2% below analysts' estimates. It made a GAAP loss of $0.59 per share, improving from its loss of $0.63 per share in the same quarter last year.
Tom Seibel Cash Flow Wall Street Revenue Growth Revenue Estimates Revenue Guidance
Source: yahoo.com

Box (NYSE:BOX) Misses Q3 Revenue Estimates, Stock Drops

Cloud content storage and management platform Box (NYSE:BOX) reported results in line with analysts' expectations in Q3 FY2024, with revenue up 4.6% year on year to $261.5 million. The company expects next quarter's revenue to be around $263 million, slightly below analysts' estimates. It made a non-GAAP profit of $0.36 per share, improving from its profit of $0.31 per share in the same quarter last year.
Dylan Smith Aaron Levie Cash Flow Wall Street Revenue Growth Free Cash Flow
Source: yahoo.com

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SentinelOne (NYSE:S) Q3 Sales Beat Estimates, Stock Soars

Cyber security company SentinelOne (NYSE:S) reported results ahead of analysts' expectations in Q3 FY2024, with revenue up 42.4% year on year to $164.2 million. Guidance for next quarter's revenue was also better than expected at $169 million at the midpoint, 1.4% above analysts' estimates. It made a GAAP loss of $0.24 per share, improving from its loss of $0.35 per share in the same quarter last year.
Cash Flow Revenue Retention Rate Tomer Weingarten Wall Street Revenue Growth Technology Company
Source: yahoo.com

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