Couchbase Q4 2023 Earnings Report

Couchbase EPS Results

• Actual EPS: -$0.08
• Consensus EPS: -$0.18
• Beat/Miss: Beat by +$0.10
• One Year Ago EPS: -$0.37

Couchbase Revenue Results

• Actual Revenue: $45.81 million
• Expected Revenue: $43.02 million
• Beat/Miss: Beat by +$2.79 million
• YoY Revenue Growth: +18.80%

Couchbase Announcement Details

• Quarter: Q4 2023
• Date: 12/6/2023
• Time: After Market Closes

Couchbase (NASDAQ:BASE) provides cloud database platform for enterprise applications in the United States and internationally. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Capella, an automated and secure Database-as-a-Service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments; and Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++ that allows for a various array of data manipulation functions. It also provides Couchbase Mobile, an embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability, even without internet connectivity, as well as synchronization gateway that allows for secure data sync between mobile devices and the backend data store. The company sells its platform through direct sales force and an ecosystem of partners. It serves governments and organizations, as well as enterprises in various industries, including retail and e-commerce, travel and hospitality, financial services and insurance, software and technology, gaming, media and entertainment, and industrials. The company was formerly known as Membase, Inc. and changed its name to Couchbase, Inc. in February 2011. Couchbase, Inc. was incorporated in 2008 and is headquartered in Santa Clara, California.