MongoDB reports 4Q loss

Associated Press |

NEW YORK (AP) _ MongoDB Inc. (MDB) on Tuesday reported a loss of $26.4 million in its fiscal fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 52 cents. Losses, adjusted for non-recurring costs, were 40 cents per share.

The database platform posted revenue of $45 million in the period.

For the year, the company reported a loss of $96.4 million, or $4.06 per share. Revenue was reported as $154.5 million.

For the current quarter ending in May, MongoDB expects its results to range from a loss of 44 cents per share to a loss of 43 cents per share.

The company expects full-year results to range from a loss of $1.66 per share to a loss of $1.62 per share.

MongoDB shares have climbed 28 percent since the beginning of the year.

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

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