According to Zacks
MongoDB is expected to The company is slated to reveal its earnings on December 5, 2023. On that day, MongoDB is projected to report earnings of $0.49 per share, which would represent year-over-year growth of 113.04%.
But according to finviz, MongoDB never has had a quarter without a net loss. And the ttm earnings are $ -3.46 per share (EPS).
Whereas according to Zacks:
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $1.61 billion
According to MongoDB's investor relations, MongoDB is reporting GAAP and Non-GAAP earnings:
Net Loss: Net loss was $37.6 million, or $0.53 per share, based on 70.9 million weighted-average shares outstanding, for the second quarter of fiscal 2024. This compares to a net loss of $118.9 million, or $1.74 per share, in the year-ago period. Non-GAAP net income was $76.7 million, or $0.93 per share, based on 82.5 million diluted weighted-average shares outstanding. This compares to a non-GAAP net loss of $15.6 million, or $0.23 per share, in the year-ago period.
Of course the Non-GAAP earnings are really high and this way MongoDB is earning a lot.
So my question is: What are the real earnings? Does MongoDB ever had a quarter without a loss? Why do analysts estimate such high EPS?
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