Earnings Recap – December 6
MongoDB reported Q3 earnings on Monday. The American software company reported earnings of -$0.11 per share, vs. analysts’ expectations of -$0.38 per share. Revenue grew 50% from last year to $226.9 million vs. $205.2 million as expected by analysts. For fiscal 2022, the company projected earnings of -$0.74 to -$0.71 cents on revenue between $846.3 million and $849.3 million.
Coupa Software reported Q3 earnings on Monday. The global technology company reported earnings of $0.31per share vs. analysts’ expectations of $0.02 per share. Revenue was $185.8 million vs analysts’ expectations of $178 million. In Q4, Coupa expects to earn between $0.03 to $0.05 a share on revenue of $185 million to $186 million.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.