MongoDB CEO CJ Desai Leaves After Less Than a Year to Join Meta
Desai left MongoDB to run Meta’s enterprise AI platform. The board named Dev Ittycheria interim CEO and began a successor search.
Desai left MongoDB to run Meta’s enterprise AI platform. The board named Dev Ittycheria interim CEO and began a successor search.
Atlas grew 29% and full-year guidance was raised, but a sequential decline in Q3 revenue guidance and a stretched valuation sent MDB shares lower.
MongoDB beat Q1 expectations with strong revenue and profit growth, raised guidance, driven by AI and enterprise demand.
Mizuho upgrades MongoDB to Outperform from Neutral. Analyst cites efficient growth, 60% customer jump, rising retention, and AI tailwinds driving durable upside.
MongoDB's shares plunged 23% after announcing weaker-than-expected Q1 forecasts, despite strong Q4 results.
MongoDB (MDB) reports exceptional Q3 results with revenue of $628M and EPS of $1.32, significantly beating estimates. Atlas revenue surges 30% YoY as company raises full-year guidance.