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MongoDB slides after downbeat annual revenue, profit forecasts

ReutersMar 5, 2025 9:34 PM

Shares of software company MongoDB MDB.O down 15.8% to $222.50 in extended trade

MDB forecasts FY26 revenue and adjusted EPS below Wall Street expectations

Dour forecast overshadows Q4 results beat

Company says forecast assumes non-Atlas revenue will decline in high-single digits

Atlas service helps clients manage their databases on the cloud

As of last close, MDB stock up 13.5% YTD

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