MongoDB Q2 FY2024 revenue up 40% to $423.8M; non-GAAP net income $0.93/share vs loss year ago

MongoDB, Inc.

Total revenue $423.8M (+40% YoY); subscription revenue $409.3M (+40% YoY).
Atlas revenue grew 38% YoY, now 63% of total Q2 revenue.
GAAP net loss narrowed to $37.6M ($0.53/share) from $118.9M ($1.74/share).
Non-GAAP net income $76.7M ($0.93 diluted EPS) vs non-GAAP net loss $15.6M year ago.
Cash and short-term investments $1.9B; free cash flow negative $27.3M (improved from -$48.6M).

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MongoDB, Inc. reported the second quarter ended July 31, 2023 results: revenue $423.8 million, net income $37.6 million, or $0.53 per share.

Period: the second quarter ended July 31, 2023
Revenue: $423.8 million
Net income: $37.6 million, or $0.53 per share
Result: reported results

Exact text from the filing

language in such filing. --- EX-99.1 (EX-99.1) --- MongoDB, Inc. Announces Second Quarter Fiscal 2024 Financial Results Second Quarter Fiscal 2024 Total Revenue of $423.8 million, up 40% Year-over-Year Continued Strong Customer Growth with Over 45,000 Customers as of July 31, 2023 MongoDB Atlas Revenue up 38% Year-over-Year; 63% of Total Q2 Revenue NEW

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Source: SEC EDGAR

accession 0001441816-23-000166

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