Confluent: Share Price Rebound Is Overly Optimistic [Seeking Alpha]
MongoDB, Inc. - Class A (MDB)
Last mongodb, inc. - class a earnings: 3/17 04:05 pm
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US:NASDAQ Investor Relations:
investors.mongodb.com/investor-relations
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Source: Seeking Alpha
Confluent's revenue growth continues to decelerate, and the company is still struggling to expand its customer base. Stream processing and an increased focus on consumption could help to change this, but this will take time. The last time I wrote about Confluent NASDAQ: CFLT ) the share price had just crashed on the back of weak third quarter earnings, which called into question the company's ability to attract and retain customers. I suggested that these concerns were overblown and that the stock would likely bounce back, although felt it would take time for the company to rebuild investor confidence. Instead, the stock was up over 50% within around two months. Fourth quarter revenue handily beat expectations, and Confluent continues to narrow its losses. While growth is likely to continue decelerating in coming quarters, it now appears to be closer to stabilizing. Confluent also appears to be increasing its investments, which will likely weigh on margins in 2024 if growth rem
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- MongoDB CEO Dev Ittycheria talks AI hype and the database evolution as he crosses 10-year mark [TechCrunch]TechCrunch
- MongoDB: Strong Long-Term Growth Ahead [Seeking Alpha]Seeking Alpha
MDB
Earnings
- 3/7/24 - Beat
MDB
Sec Filings
- 4/11/24 - Form 4
- 4/8/24 - Form 4
- 4/8/24 - Form 144
- MDB's page on the SEC website