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MongoDB plummets after it forecasts Q1 profit below estimates

ReutersMar 2, 2026 10:37 PM

Shares of database software firm MongoDB MDB.O fall 23.3% to $249.46 in extended trading

*MDB expects Q1 FY27 adjusted EPS to be between $1.15 and $1.19, below analysts' average estimate of $1.21, according to data compiled by LSEG

Co says its Q4 revenue up 27% at $695.1 million vs estimates of $667.2 million

Cedric Pech, president of field operations, and Paul Capombassis, chief revenue officer, are leaving MongoDB, co says

Erica Volini joins MongoDB as chief customer officer, it says

In 2025, MDB rose ~81%

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