Euan Blair's start-up loses £60m after rushed US expansion [Yahoo! Finance]

MongoDB, Inc. - Class A (MDB)
Last mongodb, inc. - class a earnings: 3/17 04:05 pm
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Source: Yahoo! Finance
Multiverse was set up by Mr Blair – son of Sir Tony Blair, the former prime minister – in 2016. It offers to match apprentices to technology companies, and grew revenues by 29pc to £58.4m in the year to March last year. However, losses climbed from £45m to £60.6m. The company said it was on the path to profitability Multiverse, valued at $1.7bn (£1.3bn), laid off staff in the US over the period after Mr Blair conceded that the company had expanded in America too fast. It left a federally-approved apprenticeship system last year after limited enthusiasm for the regulated scheme and said it had “rightsized” staff numbers there. Mr Blair's company, which links apprentices with tech companies such as Microsoft, Google and Just Eat and provides on-t
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News
- MongoDB, Inc. (NASDAQ: MDB) had its price target lowered by analysts at Morgan Stanley from $315.00 to $235.00. They now have an "overweight" rating on the stock.MarketBeat
- Fingerprint Reports 175% Revenue Growth and Platform Expansion as Demand for Enterprise Fraud Prevention Intensifies [Yahoo! Finance]Yahoo! Finance
- MongoDB, Inc. (NASDAQ: MDB) had its price target lowered by analysts at Mizuho from $250.00 to $190.00. They now have a "neutral" rating on the stock.MarketBeat
- MongoDB Stock Plunges 54% in a Year: Here's Why You Should Stay Away [Yahoo! Finance]Yahoo! Finance
- MongoDB, Inc. (NASDAQ: MDB) had its price target lowered by analysts at Stifel Nicolaus from $340.00 to $275.00. They now have a "buy" rating on the stock.MarketBeat
MDB
Earnings
- 3/5/25 - Beat
MDB
Sec Filings
- 4/4/25 - Form 4
- 4/4/25 - Form 4
- 4/4/25 - Form 4
- MDB's page on the SEC website