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MongoDB stock sank after beating earnings but signaling slower growth ahead

The database company topped revenue and profit estimates for its fiscal second quarter, but Atlas revenue grew at the same pace for a third straight quarter

Smith Collection / Gado / Getty Images

MongoDB $MDB reported fiscal second-quarter revenue of $771.8 million, up 30% from a year earlier, and raised its full-year guidance on Tuesday — but MongoDB stock dropped in after-hours trading as Atlas revenue growth failed to accelerate.

The company posted adjusted earnings of $1.90 per share for the quarter ended July 31. Analyst expectations had been $735 million in revenue and........

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