Couchbase Sees Q2 2024 Revenue $41.2M-$41.8M Vs $43.31M Est.
Portfolio Pulse from Benzinga Newsdesk
Couchbase expects Q2 revenue to be between $41.2M and $41.8M, lower than the estimated $43.31M.
June 06, 2023 | 8:17 pm
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NEGATIVE IMPACT
Couchbase's Q2 revenue forecast is below expectations, potentially impacting its stock price.
Couchbase's projected Q2 revenue is lower than the estimated $43.31M, which may lead to a negative market reaction and a potential decline in the stock price of BASE in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100