Investors will also be looking at the growth trajectory of subscription revenues. During the last reported quarter, subscription revenue had jumped a good 59% due to strong demand from both new and existing customers.
Net loss is expected to see a slight improvement to 38 cents per share from 40 cents per share a year ago, as the company continues to be hurt by higher costs and operating expenses.
During the third quarter, the management had forecast Q4 revenue in the range of $73 million to $74 million and adjusted loss in the range of $0.39 to $0.38 per share.
MDB shares have soared over 150% in the trailing 52 weeks on the back of solid operational performance. The stock has more-than-quadrupled since its initial public offering in October 2017 and is trading near an all-time high.
The stock has a 12-month average price target of $90.71, suggesting a 9% downside from the last close.
In Q3
MDB shares gained over 4% after the company reported third-quarter results that exceeded street estimates and provided better-than-expected guidance. Adjusted loss narrowed to $0.30 per share from $0.44 per share as total revenue jumped 57% to $65 million.
In the software space, Coupa (COUP) is scheduled to report quarterly results on Monday and Adobe (ADBE) will publish results on Thursday. Okta (OKTA) reported fourth-quarter results last week. Though the results surpassed expectations, the stock declined on weak outlook.