MongoDB's first-quarter subscription revenue grows by 25%, raises full-year revenue and profit forecast

```htmlGolden Ten Data May 29｜Database software company MongoDB announced its financial results for the first quarter ended April, with revenue increasing by 25% year-on-year to $687.6 million, exceeding market expectations. Non-GAAP earnings per share were $1.32, also higher than expected. During the period, subscription revenue grew 25% year-on-year to $666.1 million, and service revenue increased 22% to $21.48 million. Looking ahead to the second quarter, MongoDB expects revenue to range between $729 million and $734 million, with non-GAAP earnings per share expected to be between $1.58 and $1.61. The company raised its full-year revenue and earnings forecast, mainly benefiting from the strong performance of the Atlas cloud database business. The current expected revenue is between $2.92 billion and $2.96 billion, and non-GAAP earnings per share are expected to be between $5.95 and $6.14.```