Stock Split Watch: Is MongoDB Next?
MongoDB's (NASDAQ: MDB) stock price soared 18% on Aug. 30 after it posted its latest earnings report. For the second quarter of fiscal 2025, which ended on July 31, the database management software provider's revenue increased 13% year over year to $463.8 million and exceeded analysts' expectations by $13.9 million. Its adjusted EPS declined 25% year over year to $0.70 but still cleared the consensus forecast by $0.22.
For the full year, MongoDB expects its revenue to rise 14%-15% as its adjusted EPS falls 26%-30%. That's higher than its previous outlook, which called for its revenue to grow 12%-13% and for its adjusted EPS to decline 31%-35%.
Source Fool.com