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MongoDB, Inc. (NASDAQ:MDB – Get Free Report) CEO Dev Ittycheria sold 33,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $405.77, for a total value of $13,390,410.00. Following the sale, the chief executive officer now directly owns 198,166 shares of the company’s stock, […]
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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.
U.S. stocks exhibited a mixed performance On Tuesday, with the Nasdaq Composite showing an uptick. The Dow, however, traded down by 0.22% to 36,124.56, while the NASDAQ rose by 0.31% to 14,229.91. The S&P 500 experienced a slight drop, falling by 0.06% to 4,567.18. These are the top stocks that gained the attention of retail traders and investors throughout the day.
MDB earnings call for the period ending September 30, 2023.