MongoDB ER
This company is on track to achieve economics of scale
In Q2, the company exceeded their top-end revenue guidance of $392 million by generating $424 million, reflecting a 40% growth.
Also, for non-GAAP income from operations, the initial guidance was set between $36 and $39 million. However, the actual figure came in at $76.7 million.
Customers / 100k ARR customers / Atlas customers count are also moving up steadily, their revenue and net income guidance are also moving up greatly, which is quite impressive.
The future of this company looks quite certain. It's executing well in my opinion and getting closer to economy of scale quarter after quarter. This is a buy in the long run
$mdb
MDB

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Hi, I'm Shih-Min. I am a software engineer that deals with highly-scalable, distributed and fault-tolerant systems.
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