NasdaqGM:MDBIT
MongoDB’s Strong Q3 Atlas Gains and Raised Outlook Could Be A Game Changer For MDB
Earlier this week, MongoDB reported an exceptional third quarter, with revenue up 18.7% year on year, accelerated growth in its Atlas cloud database platform, and raised guidance supported by 130 new enterprise customers paying over US$100,000 annually.
The strong Atlas momentum, especially among large enterprises, is reinforcing MongoDB’s role as a core cloud-native database provider at a time when competition and AI-driven workloads are intensifying.
Now we’ll examine how this stronger...