mongodb inc shares were up 18 to 28641 in afternoon trading thursday after the company boosted guidance and reported earnings above analyst views the database platform company after the bell wednesday reported firstquarter revenue was up 57 to 2854 million beating the factset consensus forecast for 2686 million the loss per share was 114 versus a loss of 104 a year earlier adjusted eps came to 20 cents better than the factset consensus for an adjusted loss of 8 cents mongodb lifted its fiscal year guidance range for revenue to 117 billion to 119 billion from a prior forecast of 115 billion to 118 billion the company guided for adjusted loss of 31 cents to 16 cents up from previous forecast for a loss of 51 cents to 29 cents chief financial officer michael gordon said the company anticipates the current macro slowdown in selfserve and the midmarket primarily in europe will eventually impact all geographies and all channels simply put it is our experience and our assumption that it would be inappropriate to think that a macro slowdown would be confined to the lower end of the market mr gordon said however we also dont expect that impact will be the same across all channels oppenheimer analysts said in a research report that they maintained the stock at outperform while we are keeping an eye on this trend we believe mongodb has significantly strengthened its enterprise value proposition and believe the company can continue its strong atlas momentum the note said oppenheimer said that while it expects the slowdown in consumption from the selfserve and midmarket channels in europe to continue and eventually impact the enterprise channel mongodbs missioncritical nature can mitigate the impact as we expect the enterprise channel to be less sensitive to a global macro slowdown compared to the lower end of the market mizuho securities usa analyst matthew broome said that while continuing to execute very well our sum of the parts analysis indicates it remains fairly valued relative to peers