MongoDB (MDB) Soars & SentinelOne (S) Sinks After Earnings
MongoDB (MDB) soars after earnings which were released June 1st, postmarket. Caroline Woods discusses MDB as its adjusted EPS came in at $0.56 versus an estimated $0.19 and revenue came in at $368.28M versus an estimated $346.30M. She talks about how MDB boosted its FY24 outlook as revenue grew 29% year-over-year. MDB has over 43,100 customers as of April 30, 2023. She goes over how SentinelOne (S) is trading lower after worse-than-expected earnings. Its adjusted EPS came in at -$0.15 versus an estimated -$0.16 and revenue came in at $133.40M versus an estimated $136.15M. S sees FY23 revenue between $590M-$600M versus an estimated $638.49M. Tune in to find out more about the stock market today.
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