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MongoDB Reports Strong Q3 Results
MongoDB, Inc. (MDB) reported its third-quarter earnings last week, exceeding expectations with a 30% year-over-year growth in its cloud service, MongoDB Atlas. Total revenue and subscription revenue grew 19% year-over-year, prompting the company to raise its earnings per share (EPS) growth outlook to approximately 30% and revenue growth to 20%.
Partnership with Microsoft Boosts AI Integration
The company’s partnership with Microsoft (MSFT) enhances Atlas’s integration into the Azure cloud platform, allowing clients to utilize AI tools effectively. MongoDB was recognized as the 2025 ‘Microsoft United States Partner of the Year,’ positioning it strongly within the growing AI market.
Stock Performance Highlights
Following the earnings release, MDB shares spiked by 22% with trading volume increasing over four times the norm, indicating strong demand among investors who are still holding onto their shares despite the rise.
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