Couchbase falls on wider-than-expected Q2 loss, gloomy outlook

Couchbase

09/09/2021 12:56

** Shares of database software co Couchbase Inc  BASE.O 
down 15.7% at $43.50 premarket 
    ** Co beats Q2 revenue expectations, but non-GAAP net loss
per share of $1.54 comes in wider than estimate of a $1.23 loss
    ** Forecasts Q3 revenue between $29.3 mln and $29.5 mln,
while Wall Street expects $30.61 mln - Refinitiv Data
    ** As of last close, BASE gained ~115% from its IPO price of
$24

 (Reporting by Eva Mathews in Bengaluru)
 ((eva.mathews@thomsonreuters.com))