CORRECTION: Couchbase Sees Q2 2024 Revenue $41.2M-$41.8M Vs $43.31M Est.
Portfolio Pulse from Benzinga Newsdesk
Couchbase has revised its Q2 2024 revenue guidance to $41.2M-$41.8M, lower than the previous estimate of $43.31M.

June 06, 2023 | 8:19 pm
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Couchbase's lowered Q2 2024 revenue guidance may negatively impact its stock price in the short term.
Couchbase has revised its Q2 2024 revenue guidance to a lower range than previously estimated. This may lead investors to believe that the company's performance is not meeting expectations, which could result in a negative impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100