India, Sept. 1 -- MongoDB Inc. (MDB) on Tuesday posted a profit for the second quarter, as revenue rose 30% year over year. The company also raised its full-year fiscal 2027 guidance, citing strength in Atlas and early momentum in AI use cases.
MongoDB reported net income of $40.9 million or $0.50 per share, compared with a net loss of $47.0 million or $0.58 per share a year earlier. Adjusted net income rose to $162.6 million or $1.90 per share from $87.2 million or $1.00 per share.
Total revenue was $771.8 million for the second quarter, an increase of 30% year-over-year.
Subscription revenue increased 31% to $747.1 million, while services revenue rose 29% to $24.6 million. Atlas revenue grew approximately 29% year over year, while EA &...