MDB down 24% - this one has been on fire the past few months. Software co that reported earnings:
Reports Q1 (Apr) earnings of $0.51 per share, excluding non-recurring items, $0.13 better than the FactSet Consensus of $0.38; revenues rose 22.3% year/year to $450.56 mln vs the $440.94 mln FactSet Consensus.
Co issues downside guidance for Q2 (Jul), sees EPS of $0.46-0.49, excluding non-recurring items, vs. $0.58 FactSet Consensus; sees Q2 revs of $460-464 mln vs. $472.89 mln FactSet Consensus.
Co issues downside guidance for FY25 (Jan), sees EPS of $2.15-2.30, excluding non-recurring items, vs. $2.43 FactSet Consensus; sees FY25 revs of $1.88-1.90 bln vs. $1.94 bln FactSet Consensus.
