DELAYED UPDATE — MongoDB warns of Q3 GAAP operating loss and updates year outlook
MongoDB forecast Q3 GAAP operating loss of $10.5M–$14.5M and said annual outlook could reach up to $28M, citing Atlas and Enterprise Advanced growth and Forrester recognition.
MongoDB, Inc. Class A (NASDAQ:MDB) updated guidance, warning of a Q3 GAAP operating loss of $10.5M–$14.5M and up to $28M for the year, while highlighting Atlas and Enterprise Advanced growth. The company also cited Forrester recognition, bullish analyst target increases and plans to train two million Indian develo…