enterprise growth
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title.Shares Surge After Beating Revenue Expectations and Issuing Strong Guidance
words.MongoDB’s shares jumped 15% after it posted Q3 FY 2026 results that beat expectations. Revenue reached $628 million, up 19% YoY and surpassing the $592 million forecast, while adjusted earnings were $1.32 per share versus the $0.80 consensus. Net loss narrowed to $2.01 million. New CEO CJ Desai highlighted strong growth in large‑enterprise and self‑service segments. The company raised its full‑year 2026 revenue guidance to $2.434‑$2.439 billion and projected Q4 revenue of $665‑$670 million, underscoring its expanding role amid competition from major cloud providers.
