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Benzinga
Benzinga
Business
Avi Kapoor

Why MongoDB Shares Are Trading Higher By Over 22%; Here Are 20 Stocks Moving Premarket

Earnings Beat Expectations

Shares of Mongodb Inc (NASDAQ:MDB) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY26 guidance above estimates.

MongoDB posted third-quarter revenue of $628.31 million, beating analyst estimates of $591.52 million, according to Benzinga Pro. The data platform company reported third-quarter adjusted earnings of $1.32 per share, beating analyst estimates of 80 cents per share.

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