Ceo chirantan cj desai said the company is approaching a. Mongodb reports strong q3 earnings with 30% atlas growth and raised guidance, positioning itself as a key ai platform. Mongodb inc (mdb) reports robust revenue growth and strategic advancements in ai, despite challenges in gross margin and competitive pressures.
Mongodb revenue surged in the third quarter courtesy of 30% revenue growth in its atlas platform The headliner was the company's flagship atlas platform, as revenue jumped 30%, accounting for 75% of the company's q3 revenue. The company, which recently named cj desai as ceo, reported a third quarter net loss of $2 million, or 2 cents a share, on revenue of $628.3 million, up 19% from a year ago
