MongoDB Says Its Taking a Prudent Approach to Guidance -- Market Talk
Dow Jones2026/09/01 22:41MongoDB says it's maintaining its prudent approach to guidance after an analyst on its earnings call points out that its forecast for the rest of the year implies a slowdown in growth for its Atlas offering in the fourth quarter. "We are always going to be prudent about it," CEO CJ Desai says. "For Q4 specifically, it is still in consumption dynamics. That is still ways away from our perspective," he says, noting the company needs to see how things play out in the rest of the third quarter. "I am optimistic on what I'm seeing, both from the core cohort perspective on Atlas, as well as what we are seeing on the AI native side," he says. CFO Mike Berry also says that the recent strength of Atlas has been widespread across industries, and not concentrated in a single customer. Additionally, the growth of the company's enterprise advanced business is not coming at the expense of Atlas, Berry says. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
September 01, 2026 18:41 ET (22:41 GMT)
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