Have you ever heard of MongoDB (ticker symbol: MDB), a U.S. stock?
It is a company that develops a general-purpose database platform.
In this article, I will introduce the company’s financial results for the period from February to April 2021, which were announced on June 3, 2021.
February to April 2021
EPS is -15¢ vs. -36¢ expected.
Net sales: $182 million vs. forecast of $170 million.
Sales growth was 39.4% YoY.
Subscription sales were $175 million, up 40% from the year-ago quarter.
Services revenue was $7.1 million, up 29% year-over-year.
Gross profit was $127 million.
Operating cash flow was $10.2 million. Cash flow from operations was $10.2 million compared to -$5.88 million in the same period last year.