MongoDB Inc (NAS:MDB)
$ 359.24 5.77 (1.63%) Market Cap: 26.16 Bil Enterprise Value: 24.91 Bil PE Ratio: 0 PB Ratio: 24.44 GF Score: 84/100

MongoDB Inc at Needham Growth Conference Transcript

Jan 14, 2020 / 04:20PM GMT
Release Date Price: $152.83 (-0.05%)
Jon Philip Andrews
Needham & Company, LLC, Research Division - Senior Analyst

Well, good morning, everyone. Thanks for joining us. I'm Jack Andrews. I cover the data analytics and infrastructure software space at Needham. We're very pleased to have Michael Gordon, the CFO of MongoDB with us today.

Questions & Answers

Jon Philip Andrews
Needham & Company, LLC, Research Division - Senior Analyst

So Michael, just to kind of level set everyone. Could we just get an update on what's happening in the database market these days? I mean on the one hand, this market has been around for many years, and it's been very stable. The top 3 market share shift hasn't really been moving much over -- when you look over a longer period of time, yet there's a tremendous amount of innovation, like from the likes of MongoDB and others in this space. Just what's happening at a high level? Why is this happening? And particularly, why now at this moment in time?

Michael Lawrence Gordon
MongoDB, Inc. - COO & CFO

Yes,

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