{"id":84922,"date":"2023-06-02T00:58:06","date_gmt":"2023-06-02T04:58:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84922"},"modified":"2023-06-02T01:06:07","modified_gmt":"2023-06-02T05:06:07","slug":"mongodb-shares-jump-more-than-20-after-database-company-beats-expectations-and-raises-guidance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/mongodb-shares-jump-more-than-20-after-database-company-beats-expectations-and-raises-guidance.html","title":{"rendered":"MongoDB shares jump more than 20% after database company beats expectations and raises guidance"},"content":{"rendered":"\n<p> CNBC) Shares of <a href=\"https:\/\/www.cnbc.com\/quotes\/MDB\/\">MongoDB<\/a> rose as much as 22% in extended trading Thursday after the database software maker issued <a rel=\"noreferrer noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/mongodb-inc-announces-first-quarter-fiscal-2024-financial-results-301840651.html\" target=\"_blank\">blowout fiscal first-quarter earnings<\/a> and lifted its full-year guidance. <strong>Earnings:<\/strong> 56 cents per share, adjusted, vs. 19 cents per share as expected by analysts, according to Refinitiv. <strong>Revenue:<\/strong> $368 million, vs. $347 million as expected by analysts, according to Refinitiv.MongoDB\u2019s revenue increased 29% year over year in the quarter that ended April 30.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/01\/mongodb-mdb-q1-earnings-report-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC) Shares of MongoDB rose as much as 22% in extended trading Thursday after the database software maker issued blowout fiscal first-quarter earnings and lifted its full-year guidance. Earnings: 56 cents per share, adjusted, vs. 19 cents per share as [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84922","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84922"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84922\/revisions"}],"predecessor-version":[{"id":84923,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84922\/revisions\/84923"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}