Investors were most likely disappointed by the company's Atlas multi-cloud database seeing the same revenue growth for the fifth quarter in a row.
MongoDB stock slid late Tuesday, after the database software company reported fiscal second quarter results.
Second quarter fiscal 2027 total revenue of $771.8 million, up 30% year-over-year Atlas revenue up approximately 29% year-over-year in the second quarter fiscal 2027 EA & other revenue up approximately 36% year-over-year in the second quarter fiscal 2027 Raising full year fiscal 2027 guidance, with H2 raise mainly due to Atlas NEW YORK, Sept. 1, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: M...
MongoDB Inc (NASDAQ:MDB) heads into its second-quarter earnings report Tuesday with investors watching for signs that red-hot demand from AI-native customers is starting to show up in the numbers. The compay's cloud-hosted Atlas segment is on track for a fifth straight quarter of 29-30% growth, analysts at UBS noted.
Automated Embeddings on Atlas powered by Voyage AI, the Atlas Embedding and Reranking API, voyage-code-4, and vector search in Atlas Stream Processing give AI applications and agents real-time context from live operational data for precision retrieval SAN FRANCISCO, Aug. 13, 2026 /PRNewswire/ -- Retrieval accuracy determines what an AI application or Agent decides and what it costs to host. Tod...
A new Managed MCP Server connects Claude Code, Codex, Grok Build, and Devin to MongoDB Atlas, giving coding agents direct access to live operational data SAN FRANCISCO, Aug. 13, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced at MongoDB.local Build Fest that MongoDB's intelligent data platform is now available natively inside the AI tools developers use to build applications. A...
SAN FRANCISCO, Aug. 5, 2026 /PRNewswire/ -- Avatar Robotics, a startup building the unlimited workforce for industrial labor, today announced it has raised a $6.5 million Seed round led by AlleyCorp, alongside a pre-seed led by defy.vc, and participation from Headline, Henry Ford III, Refashiond, Paul Vogel, Jack Huffard, and Samuel Udotong. Avatar Robotics addresses one of the largest structur...