Couchbase, Inc. (BASE) Reports Q2 Loss of $1.54

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Go back to Couchbase, Inc. (BASE) Reports Q2 Loss of $1.54

Couchbase Inc (BASE) PT Raised to $51 at Stifel

September 9, 2021 6:34 AM EDT

Stifel 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 EDT

Shares 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) PT Raised to $53 at RBC Capital

September 7, 2021 6:12 AM EDT

RBC Capital analyst Matthew hedberg raised the price target on Couchbase Inc (NASDAQ: BASE) to $53.00 (from $40.00) while maintaining a Outperform rating.... More