• SAAS Wire
  • Posts
  • 📉 MongoDB’s earnings shock

📉 MongoDB’s earnings shock

Why the stock crashed despite solid revenue?

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

📉 MongoDB’s earnings shock—Why the stock crashed despite solid revenue

🚀 Steve Wozniak vs. Elon Musk—Is Big Tech getting too powerful?

🔥 Upcoming SaaS events you shouldn’t miss!

MongoDB, a company that helps store data, made more money than expected recently. However, their future plans didn't excite investors.

🚨Breaking News: MongoDB earned $1.28 per share on $548.4 million in sales, beating expectations. But, their future earnings predictions fell short, causing stock prices to drop.

⚡Wire Simplified:

  • MongoDB's recent earnings were higher than analysts predicted.

  • They expect to earn between $2.44 and $2.62 per share next year, less than what experts hoped for.

  • This lower forecast led to a significant drop in their stock price.

  • Despite having over 50,000 users, MongoDB's stock has declined by 35% over the past year.

✔️Straight to the Point: MongoDB's recent earnings were strong, but their cautious future outlook has made investors uneasy, leading to a sharp drop in stock prices.

🎤 Do you think MongoDB's future earnings will improve?

Login or Subscribe to participate in polls.

Steve Wozniak, who co-founded Apple, thinks Elon Musk's way of cutting government jobs is too harsh.

🚨Breaking News: Wozniak believes Musk's Department of Government Efficiency (DOGE) is firing too many people too quickly, causing problems.

⚡Wire Simplified:

  • Musk leads DOGE, aiming to make the government work better by cutting costs.

  • Wozniak says these mass firings are harmful and should be done more carefully.

  • He also worries about big tech companies having too much power in politics.

  • Despite owning Teslas, Wozniak is unhappy with their design and safety.

✔️Straight to the Point: Wozniak feels Musk's aggressive job cuts and growing influence in politics are concerning, suggesting a more thoughtful approach is needed.

Big SaaS Europe 2025
An international SaaS event featuring keynotes from industry leaders, focusing on B2B SaaS solutions and innovations.
Date: November 2025 | Location: Amsterdam, Netherlands

Check it out here


SaaS AI Summit 2025
A conference at the intersection of SaaS and AI, exploring how artificial intelligence is shaping the future of SaaS businesses.
Date: October 2025 | Location: London, UK

Check it out here

Was this forwarded to you? Sign up here.

SaaS Wire News. 

Signing off