Couchbase Q2 EPS $(0.17) Beats $(0.22) Estimate, Sales $43.14M Beat $41.70M Estimate
Portfolio Pulse from Happy Mohamed
Couchbase (NASDAQ:BASE) reported Q2 earnings per share of $(0.17), beating the analyst consensus estimate of $(0.22) by 22.73%. The company also reported quarterly sales of $43.14 million, surpassing the analyst consensus estimate of $41.70 million by 3.45%. Both earnings and sales have increased compared to the same period last year.
September 06, 2023 | 8:14 pm
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POSITIVE IMPACT
Couchbase's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
Couchbase's better-than-expected Q2 earnings and sales could lead to increased investor confidence, potentially driving up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100