Couchbase Shares Tumble 8.7% on 4Q Revenue Outlook

Dow Jones

2024/12/04

By Denny Jacob

Couchbase shares fell 8.7% in premarket trading after its guidance for the fourth quarter came in a touch below Wall Street's estimates.

Shares were trading around $19.28. The stock is down 6.2% on the year.

The cloud-database platform guided for revenue between $52.7 million and $53.5 million. Analysts polled by FactSet had expected $54 million.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

December 04, 2024 06:18 ET (11:18 GMT)

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Analysts polled by FactSet had expected $54 million. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2024 06:18 ET (11:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BASE","symbol_name":"Couchbase, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2488169143","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488169143","pubTimestamp":1733311080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Couchbase shares fell 8.7% in premarket trading after its guidance for the fourth quarter came in a touch below Wall Street's estimates.Shares were trading around $19.28. 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Analysts polled by FactSet had expected $54 million. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 04, 2024 06:18 ET (11:18 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}