MongoDB, Inc. (Nasdaq: MDB), a leading modern database platform provider, reported second-quarter fiscal 2024 earnings of $0.93 per share, surpassing the consensus EPS estimate of $0.46. The company's quarterly sales reached $423.80 million, surpassing analysts' expected revenue of $393.35 million.

MongoDB revised its full-year fiscal 2024 adjusted EPS guidance to the range of $2.27 to $2.35, up from the prior range of $1.42 to $1.56, compared to the consensus EPS estimate of $1.55 for the period.

$MDB was trading at $402.75 in after-hours, showing an increase of $21.45 (+5.63%).

Separately, Elastic N.V. (NYSE: ESTC), a leading search and analytics platform provider, also delivered better-than expected results, with first-quarter fiscal 2024 adjusted earnings of $0.25 per share, beating the consensus EPS estimate of $0.11. The company's quarterly revenues amounted to $293.75 million, exceeding analysts' projected revenue of $284.44 million.

Elastic is revising its full-year fiscal 2024 adjusted EPS outlook to a range of between $1.01 and $1.11, up from the prior range of $0.94 to $1.06, compared to the consensus EPS estimate of $0.99 for the period.

In after-hours, $ESTC was trading at $67.32, up $5.44 (+8.79%).

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