===Couchbase (BASE) reported earnings on Wed 6 June 24 (a/h)

 

Couchbase beats by $0.05, beats on revs; guides Q2 revs in-line; guides FY25 revs in-line

• Reports Q1 (Apr) loss of $0.10 per share, excluding non-recurring items, $0.05 better than the FactSet Consensus of ($0.15); revenues rose 25.1% year/year to $51.3 mln vs the $48.61 mln FactSet Consensus.
• Total ARR as of April 30, 2024 was $207.7 million, an increase of 21% year-over-year as reported and on a constant currency basis.
• Co issues in-line guidance for Q2, sees Q2 revs of $50.6-$51.4 mln vs. $50.59 mln FactSet Consensus. Guides for total ARR of $212.5-$215.5 mln.
• Co issues in-line guidance for FY25, sees FY25 revs of $204.5-$208.5 mln vs. $205.95 mln FactSet Consensus. Guides for total ARR of $235.5-$240.5 mln.