MongoDB, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year of Fiscal 2023
December 06, 2022 at 04:05 pm EST
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MongoDB, Inc. provided financial guidance for the fourth quarter and full year of fiscal 2023. For the fourth quarter, the company expects revenue to be $334 million to $337 million.
For Full Year Fiscal 2023, the company expects revenue to be $1.257 billion to $1.260 billion.
MongoDB, Inc. specializes in developing and operating a development database platform. The group offers the intuitive and scalable MongoDB multi-cloud platform, enabling developers to create, modernize, deploy and manage applications in the fields of Artificial Intelligence, Edge computing, Internet of Things, mobile applications and payment technology. Net sales break down by source of income as follows:
- subscription sales (96.2%);
- service sales (3.8%).
At the end of January 2023, the group had more than 40,800 customers.
Net sales are distributed geographically as follows: Americas (60.9%), Europe-Middle East-Africa (28.2%) and Asia-Pacific (10.9%).
MONGODB, INC. 
