MongoDB's first-quarter sales rose 39% year over year to $182 million, comfortably ahead of Wall Street's consensus estimate of $170 million. Atlas generated 51% of MongoDB's revenue in the first quarter, passing the 50% marker within five years of its introduction. Businesses of every size and description are racing to take advantage of MongoDB's flexible database systems to power their own software and services.
MongoDB's (MDB) first-quarter fiscal 2022 results reflect solid user growth on the back of robust uptake of Atlas.
MongoDB (MDB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.