On Thursday, MongoDB, Inc. (NASDAQ: MDB) oscillated between $63.15 and $64.48 before concluding trading period higher +0.61% at $64.07. The stock recorded total trading quantity of 360,940 shares as compared to its average volume of 910,728 shares. The share price fluctuated between $24.62 to $65.94 during the 52-week trading period. The firm has a total market worth of $910.73k and $3.244B shares remain outstanding.
MongoDB, Inc. (NASDAQ: MDB) recently reported its financial results for the first quarter ended April 30, 2018.
First Quarter Fiscal 2019 Financial Highlights
Revenue: Total revenue was $48.2M, a raise of 49% year-over-year. Subscription revenue was $44.6M, a raise of 53% year-over-year, and services revenue was $3.7M, a raise of 14% year-over-year.
Gross Profit: Gross profit was $34.5M, representing a 71.5% gross margin, consistent with the year-before period. Non-GAAP gross profit was $35.0M, representing a 72.6% non-GAAP gross margin.
Loss from Operations: Loss from operations was $29.3M, contrast to $19.8M in the year-before period. Non-GAAP loss from operations was $21.7M, contrast to $15.3M in the year-before period.
Net Loss: Net loss was $29.2M, or $0.58 per share based on 50.4M weighted-average shares outstanding. This compares to $19.7M, or $1.50 per share based on 13.2M weighted-average shares outstanding, in the year-before period. Non-GAAP net loss was $21.6M, or $0.43 per share based on 50.4M weighted-average shares outstanding. This compares to $15.3M, or $0.38 per share based on 40.1M non-GAAP weighted-average shares outstanding, in the year-before period.
Cash Flow: As of April 30, 2018, MongoDB had $271.5M in cash, cash equivalents, short-term investments and restricted cash. During the three months ended April 30, 2018, MongoDB used $8.0M of cash in operations and $0.4M in capital expenditures, leading to negative free cash flow of $8.4M, contrast to negative free cash flow of $12.4M in the year-before period.
MDB price volatility for a month noted as 4.68% however its price volatility for a week documented as 3.80%. The corporation holds 48.17 million outstanding shares and its 23.61 million shares were floated in the market. The stock established a positive trend of 4.04% in last week and indicated rise of 11.02% in previous month.