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MongoDB Feb-Apr 2021 Financial Results

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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.

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