NEW YORK (AP) — NEW YORK (AP) — MongoDB Inc. (MDB) on Thursday reported a loss of $55.5 million in its fiscal fourth quarter.
On a per-share basis, the New York-based company said it had a loss of 77 cents. Earnings, adjusted for stock option expense and pretax expenses, came to 86 cents per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The database platform posted revenue of $458 million in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $432 million.
For the year, the company reported a loss of $176.6 million, or $2.48 per share. Revenue was reported as $1.68 billion.
For the current quarter ending in April, MongoDB expects its per-share earnings to range from 34 cents to 39 cents.
The company said it expects revenue in the range of $436 million to $440 million for the fiscal first quarter.
MongoDB expects full-year earnings in the range of $2.27 to $2.49 per share, with revenue ranging from $1.9 billion to $1.93 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDB at https://www.zacks.com/ap/MDB