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MongoDB (MDB) to Report Q3 Earnings: What's in the Offing? MongoDB MDB is set to report third-quarter fiscal 2020 results on Dec 9.For the quarter, the company expects revenues between $9 million and $100 million. The consensus mark for revenues currently stands at $99.7 million, indicating growth of 53.5% from the figure reported in the year-ago quarter.Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 23.9%. Additionally, the bottom-line performance is expected to reflect higher investments related to sales & marketing and research & development.Key Q3 DevelopmentsOn Oct 30, MongoDB announced a partnership with Alibaba’s BABA data intelligence platform, Alibaba Cloud, to offer customers an authorized MongoDB-as-a-service solution.Moreover, during the quarter, MongoDB announced an expanded partnership with Microsoft MSFT, per which Atlas will be made available on Microsoft Azure Marketplace.Further, Infosys in collaboration with MongoDB announced a new API Speed Layer solution for customers.

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MongoDB, Inc. to Present at the UBS Global TMT Conference and the Barclays Global Technology, Media and Telecommunications Conference. NEW YORK, Dec. 4, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading modern, general purpose database platform, today announced that its Chief Operating Officer and Chief Financial Officer, Michael Gordon, and its Vice President of Finance and Business Operations, Serge Tanjga, will present at two upcoming conferences: the UBS Global TMT Conference in New York, NY and the Barclays Global Technology, Media and Telecommunications Conference in San Francisco, CA. Mr. Gordon and Mr. Tanjga will present at the Barclays Conference on Wednesday, December 11, 2019 at 10:00 AM Pacific Time (1:00 PM Eastern Time) and will be webcast live. A live webcast of each presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/events.

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NEW YORK, Dec. 3, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading, modern, general-purpose database platform, today announced a number of new features for its global cloud database, MongoDB Atlas, that make it seamless for users to deploy and run the service on Amazon Web Services (AWS). "Atlas has seen tremendous adoption, growing to more than 13,200 customers in just about three years, because it is the best way to run MongoDB in the cloud," said Sahir Azam, Chief Product Officer, MongoDB. MongoDB Atlas offers best-in-class security features out of the box, including private networking with Virtual Private Clouds (VPCs), IP whitelisting & VPC peering, LDAPS integration, multi-factor authentication, granular database auditing, end-to-end encryption, and more. This innovation in enterprise-grade security—where the encryption is totally separated from the database, transparent to the server and handled exclusively within the MongoDB drivers on the client—is now generally available and can be used with AWS Key Management Service (AWS KMS).

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November 20, 2019, 2:00 PM UTC. Former Cognizant CEO brings deep expertise scaling global technology companies. D'Souza also serves on the Board of Directors of General Electric Company, on the Board of Trustees of Carnegie Mellon University and as Co-Chairman of the Board of Trustees of the New York Hall of Science. "MongoDB has done a fantastic job of bringing a much needed modern alternative to the database industry, one of the largest and most important technology markets," said D'Souza. "With a proven product market fit, the company now faces the challenge of sustaining growth and scaling to bring developers across the globe the database they most want to work with. I'm honored to bring my experience to MongoDB as it capitalizes on the tremendous market opportunity in front of it."

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Mongodb Inc (NASDAQ:MDB) Director Charles M. Hazard, Jr. sold 2,016 shares of the stock in a transaction dated Friday, November 1st. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.82 and a quick ratio of 2.82. The business’s quarterly revenue was up 66.8% on a year-over-year basis. As a group, analysts anticipate that Mongodb Inc will post -2.26 EPS for the current fiscal year. Stifel Nicolaus increased their price objective on shares of Mongodb from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th.

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Morgan Stanley boosted their price objective on shares of Mongodb from $156.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 5th. Mongodb presently has a consensus rating of “Buy” and an average price target of $162.64. Shares of Mongodb stock traded up $0.39 on Friday, hitting $128.16. In other news, Director Charles M. Hazard, Jr. sold 2,017 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd.

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Amundi Pioneer Asset Management Inc. purchased a new position in shares of Mongodb Inc (NASDAQ:MDB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Geode Capital Management LLC now owns 209,107 shares of the company’s stock valued at $17,510,000 after purchasing an additional 32,248 shares in the last quarter. The firm’s quarterly revenue was up 66.8% on a year-over-year basis. As a group, equities research analysts forecast that Mongodb Inc will post -2.24 earnings per share for the current fiscal year. Citigroup lifted their price target on shares of Mongodb from $184.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, September 5th.

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Mongodb Inc (NASDAQ:MDB) Director Charles M. Hazard, Jr. sold 2,017 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. 882,800 shares of the company’s stock were exchanged, compared to its average volume of 1,495,718. Morgan Stanley decreased their price target on Mongodb from $160.00 to $150.00 and set a “weight” rating for the company in a research note on Wednesday, October 16th. Alexandria Capital LLC now owns 20,069 shares of the company’s stock worth $2,418,000 after purchasing an additional 411 shares during the last quarter. IFM Investors Pty Ltd lifted its holdings in Mongodb by 151.2% during the 3rd quarter. IFM Investors Pty Ltd now owns 5,302 shares of the company’s stock worth $639,000 after purchasing an additional 3,191 shares during the last quarter.

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Mongodb Inc (NASDAQ:MDB) CTO Eliot Horowitz sold 3,000 shares of Mongodb stock in a transaction on Monday, October 14th. The stock was sold at an average price of $119.19, for a total value of $3,111,216.57. Mongodb Inc has a 52 week low of $65.62 and a 52 week high of $184.78. Alexandria Capital LLC now owns 20,069 shares of the company’s stock worth $2,418,000 after acquiring an additional 411 shares in the last quarter. IFM Investors Pty Ltd lifted its stake in shares of Mongodb by 151.2% in the third quarter. IFM Investors Pty Ltd now owns 5,302 shares of the company’s stock worth $639,000 after acquiring an additional 3,191 shares in the last quarter.

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NEW YORK, Oct. 30, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading, modern, general purpose database platform, today announced a partnership with Alibaba Cloud, the data intelligence backbone of Alibaba Group (NYSE: BABA), to offer customers an authorized MongoDB-as-a-service solution. With this partnership, Alibaba Cloud ensures end-to-end management and support for customers on current and future versions of MongoDB, with the ability to escalate bug fixes and support issues on their behalf. "Not only is China one of the largest markets for database software, but there also has been enormous adoption of MongoDB in this market. In fact, over the past four years the most downloads of MongoDB have been from China, reflecting the global popularity of MongoDB's next-generation database platform," said Dev Ittycheria, President & CEO of MongoDB. "Now, customers of all sizes have access to the only authorized MongoDB DBaaS offering in mainland China. We're excited to partner with Alibaba Cloud to enable customers to use MongoDB to transform their businesses." New MongoDB features that are now supported on Alibaba Cloud's platform offering include multi-document ACID transactions, aggregation pipeline type conversions, non-blocking secondary reads, extensions to change streams and 40 percent faster data migrations.

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