Couchbase, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023
December 06, 2023 at 04:05 pm EST
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Couchbase, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported revenue was USD 45.81 million compared to USD 38.56 million a year ago. Net loss was USD 16.26 million compared to USD 16.68 million a year ago. Basic loss per share from continuing operations was USD 0.34 compared to USD 0.37 a year ago.
For the nine months, revenue was USD 129.95 million compared to USD 113.2 million a year ago. Net loss was USD 58.78 million compared to USD 51.88 million a year ago. Basic loss per share from continuing operations was USD 1.26 compared to USD 1.16 a year ago.
Couchbase, Inc. provides a cloud database platform for modern applications. The Company provides a modern database for enterprise applications. Its database is engineered for high performance at scale to serve the needs of mission-critical applications that enterprises run their businesses on. Its products include Couchbase Capella, Couchbase Server and Couchbase Mobile. Its Couchbase Capella is a fully managed, automated, and secure database-as-a-service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments. Its Couchbase Server is a full-featured, multi-service NoSQL database. It provides a comprehensive SQL-compatible query language, SQL++, that allows for a range of data manipulation functions. Its Couchbase Server can be deployed on-premises or on any cloud. Its Couchbase Mobile is a full-featured embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability.
COUCHBASE, INC. 
