MongoDB Inc (NAS:MDB)
$ 356.82 -2.42 (-0.67%) Market Cap: 25.99 Bil Enterprise Value: 25.33 Bil PE Ratio: 0 PB Ratio: 24.27 GF Score: 85/100

MongoDB Inc at Barclays Global Technology, Media and Telecommunications Conference (Virtual) Transcript

Dec 07, 2021 / 02:45PM GMT
Release Date Price: $499.82 (+16.42%)
Raimo Lenschow
Barclays Bank PLC, Research Division - MD & Analyst

Welcome to our next session. I'm really happy to have the team from MongoDB on.

Questions & Answers

Raimo Lenschow
Barclays Bank PLC, Research Division - MD & Analyst

Michael, you just had a very strong Q3 results last night. Maybe from your perspective, like what stood out most like? What was the -- what were the highlights from your perspective?

Michael Lawrence Gordon
MongoDB, Inc. - COO & CFO

Sure. We are happy to go and do it. And first of all, just thanks for having us. Good to see you Raimo. And -- yes, so we reported last night, just quickly for those who don't know revenue just under $227 million, up 50% year-over-year. Subscription revenue was up 51% year-over-year. Atlas is now 58% of the business and grew 84% year-over-year. So really just another strong quarter of new additions, plus 2,000 new customers, plus 300 on the direct sales side.

So just a really strong quarter overall. Strong in terms of new

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot