Couchbase Inc reports results for the quarter ended in April - Earnings Summary

Couchbase

06/06/2023 22:02

* Couchbase Inc  BASE.OQ  reported a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in April. The mean
expectation of eleven analysts for the quarter was for a loss
of 32 cents per share.
    * Revenue rose 17.6% to $41.00 million from a year ago;
analysts
expected $39.67 million. 
    * Couchbase Inc's reported EPS for the quarter was a loss
of 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Couchbase Inc shares had risen by 57.9% this quarter and
gained 67.4% so far this year.
    * The company reported a quarterly loss of $21.88 million.
    * Wall Street's median 12-month price target for Couchbase
Inc is
$19.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
6 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.32          -0.27          Beat
 Jan. 31 2023      -0.34          -0.18          Beat
 Oct. 31 2022      -0.33          -0.22          Beat
 Jul. 31 2022      -0.28          -0.19          Beat