Couchbase Inc reports results for the quarter ended January 31 - Earnings Summary

• Couchbase Inc BASE.OQ reported quarterly breakeven results​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of sixteen analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -12 cents to -5 cents per share.

• Revenue rose 9.6% to $54.92 million from a year ago; analysts expected $53.25 million.

• Couchbase Inc's reported EPS for the quarter was a loss of 30 cents​.

• The company reported a quarterly loss of $15.61 million.

• Couchbase Inc shares had risen by 6.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Couchbase Inc is $23.00

This summary was machine generated from LSEG data February 25 at 11:35 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)