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Despite a major investor reducing holdings, MongoDB reported strong earnings, exceeding forecasts.
MongoDB saw a decrease in shares held by Mirae Asset Global Investments Co. Ltd. by 12.6% in Q1 2021, now owning 48,728 shares.
MongoDB reported strong earnings and revenue, with an EPS of $1.00, exceeding estimates by $0.35, and revenue of $549.01 million, up 21.8% year-over-year.
The company's market cap is $17.16 billion, and it has a P/E ratio of -184.20.
Notably, MongoDB's CEO and a director have sold significant shares recently.
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A pesar de que un importante inversor redujo las tenencias, MongoDB reportó ganancias fuertes, superando las previsiones.