Couchbase, Inc. (NASDAQ: BASE) reported better-than-expected sales for its fourth quarter and issued upbeat sales guidance for the first quarter.
Couchbase posted GAAP loss of 44 cents per share, versus market estimates for a loss of 40 cents per share. The company’s quarterly sales came in at $50.100 million, beating market estimates of $46.658 million, according to data from Benzinga Pro.
“We finished fiscal 2024 on a strong note, highlighted by 25% ARR growth, and marking a historical year for Couchbase,” said Matt Cain, Chair, President and CEO of Couchbase. “In addition to …
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