Couchbase Announces Second Quarter Fiscal 2022 Financial Results
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Couchbase Inc (BASE) PT Raised to $51 at Stifel
September 9, 2021 6:34 AM EDTStifel analyst Brad Reback raised the price target on Couchbase Inc (NASDAQ: BASE) to $51.00 (from $43.00) while maintaining a Buy rating.
The analyst commented, "Couchbase reported its first earnings as a public company, beating our top-line estimates, with the strong performance driven by accelerating... More
Couchbase (BASE) Plunges 15% on Bigger Than Expected Q2 Loss, Analyst Raise PTs But Warn a Path to Material Acceleration is Still Several Quarters Away
September 9, 2021 5:36 AM EDTShares of Couchbase (NASDAQ: BASE) have plunged over 15% in pre-open Thursday after the company reported a wider-than-expected Q2 loss.
BASE reported revenue of $29.7 million to top the analyst estimates of $28.1 million. However, the company reported a loss of $1.54 per share, much higher than the consensus of $1.08 per share. Annual recurring revenue jumped by 20% to $115.2 million.
"We delivered strong performance and continued to gain momentum in our second quarter. With the introduction of our latest innovation in Couchbase Server 7, we have fused the strengths of relational with the flexibility of a modern database allowing... More
Couchbase, Inc. (BASE) Reports Q2 Loss of $1.54
September 8, 2021 4:10 PM EDTCouchbase, Inc. (NASDAQ: BASE) reported Q2 EPS of ($1.54). Revenue for the quarter came in at $29.7 million.
GUIDANCE:
Couchbase, Inc. sees FY2022 revenue of $120.8-121.2 million, versus the consensus of $118 million.
For earnings history and earnings-related data on Couchbase, Inc. (BASE) click here.
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