Why Couchbase Shares Are Up Wednesday



Couchbase, Inc. (NASDAQ:BASE) shares are trading higher after the company reported fourth-quarter earnings above estimates and issued upbeat first-quarter revenue guidance.

Revenue grew 20% Y/Y to $50.1 million, beating the consensus of $46.6 million. In the quarter, subscription revenue stood at $48.1 million, up 26% Y/Y.

As of January 31, Total ARR stood at $204.2 million, up 25% …

Full story available on Benzinga.com


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