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MongoDB reported second-quarter revenue of $771.8 million, up about 30% year on year, and non-GAAP EPS of $1.90, both above consensus. Shares fell 10.82% to $387.25 as analysts cited Atlas growth and AI demand.
MongoDB fell 13.41% premarket after its third-quarter revenue growth outlook of about 20.5% at the midpoint and flat Atlas growth overshadowed second-quarter beats on earnings and revenue.
MongoDB reports quarterly earnings and revenue above estimates. Results may impact tech sector stocks.