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BTCC / BTCC Square / Global Cryptocurrency /
MongoDB Appoints New CEO as Q3 Revenue Forecast Exceeds Expectations

MongoDB Appoints New CEO as Q3 Revenue Forecast Exceeds Expectations

Author:
Global Cryptocurrency
Published:
2025-11-03 17:06:02
10
2
BTCCSquare news:

MongoDB's board has named Chirantan "CJ" Desai, currently President of Product and Engineering at Cloudflare, as its next CEO effective November 10. He replaces Dev Ittycheria, who is retiring after 11 years but will remain on the board as an advisor. Desai brings experience from Cloudflare, ServiceNow, and Oracle.

The database software company anticipates third-quarter revenue, adjusted operating income, and earnings to surpass the high end of its August guidance. This optimistic outlook comes as MongoDB shares have faced volatility amid skepticism about its positioning in the AI sector. The stronger-than-expected forecast could bolster investor confidence and propel the stock beyond last year's record highs.

Leadership transitions at technology firms often signal strategic shifts, but MongoDB appears focused on continuity. "MongoDB has long been the partner of choice for building applications," the company noted, suggesting the new CEO will maintain its growth trajectory in enterprise software solutions.

|Square

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