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Cloud Stocks: MongoDB Focuses on Verticalized Offerings

MongoDB (Nasdaq: MDB) recently reported its second-quarter results that blew past all market expectations. The market was pleased with its performance and sent the stock soaring 8% in the after-hours trading session. MongoDB's Financials MongoDB's revenues for the quarter grew 40% to $423.8 million, ahead of the market's forecast of $389.93 million. It ended the quarter with a net loss of $37.6 million, or $0.53 per share, compared to a net loss of $118.9 million, or $1.74 per s...
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