Couchbase Q1 EPS $(0.27) Beats $(0.32) Estimate, Sales $41.00M Beat $39.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Couchbase (NASDAQ:BASE) reported Q1 losses of $(0.27) per share, beating the $(0.32) estimate, and sales of $41.00M, surpassing the $39.67M estimate. This represents a 15.62% increase in EPS and a 17.63% increase in sales compared to the same period last year.
June 06, 2023 | 8:14 pm
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Couchbase's Q1 earnings beat estimates with a 15.62% increase in EPS and a 17.63% increase in sales compared to last year.
Couchbase reported better-than-expected Q1 earnings, with EPS and sales both beating estimates. This positive financial performance is likely to have a short-term positive impact on the company's stock price, as it indicates growth and strong financial management.
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IMPORTANCE 80
RELEVANCE 100