back to article MongoDB logs 50% hike in Q4 sales, beats analysts forecasts for next quarter

NoSQL database slinger MongoDB has seen its share price bounce 15 per cent following a hefty upturn in sales for Q3 and better-than-expected forecasts for the final three months of its current financial year. Revenues for the period ended 31 October 2021 came in at $226.9m, an increase of 50 per cent year-on-year. The share- …

  1. JacobZ
    Holmes

    Revenue is easy, profit is hard.

    Any idiot can make revenue selling dollars for fifty cents.

    The problem comes, to borrow a phrase, when you run out of other people's money to spend.

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