MongoDB Q1 FY2024 revenue $368.3M (+29% YoY); Atlas up 40%, non-GAAP EPS $0.56

First Quarter Fiscal 2024 Financial Highlights • Revenue: Total revenue was $368.3 million for the first quarter of fiscal 2024, an increase of 29% year-over-year. Subscription revenue was $354.7 million, an increase of 29% year-over-year, and services revenue was $13.6 million, an increase of 25% year-over-year. • Gross Profit: Gross profit was $270.8 million for the first quarter of fiscal 2024, representing a 74% gross margin compared to 73% in the year-ago period. Non-GAAP gross profit was $279.9 million, representing a 76% non-GAAP gross margin, compared to a non-GAAP gross margin of 75% in the year-ago period. • Loss from Operations: Loss from operations was $68.5 million for the first quarter of fiscal 2024, compared to a loss from operations of $75.9 million in the year-ago period. Non-GAAP income from operations was $43.7 million, compared to a non-GAAP income from operations of $17.5 million in the year-ago period. • Net Loss: Net loss was $54.2 million, or $0.77 per share, b