Couchbase (BASE) reported a fiscal Q3 non-GAAP loss late Tuesday of $0.05 per share, narrower than a loss of $0.08 a year earlier.
Analysts polled by FactSet expected a loss of $0.08.
Revenue for the quarter ended Oct. 31 was $51.6 million, up from $45.8 million a year earlier.
Analysts surveyed by FactSet expected $50.8 million.
The company said it expects fiscal Q4 revenue of $52.7 million to $53.5 million. Analysts polled by FactSet expect $54 million. The company also expects a non-GAAP operating loss for the quarter of $4.7 million to $5.7 million.
Couchbase said it now expects fiscal 2025 revenue of $207.2 million to $208 million, versus its prior outlook of $205.1 million to $209.1 million. Analysts polled by FactSet expect $207.6 million. The company expects a non-GAAP operating loss for the year of $19 million to $20 million, versus an expected loss of $19.5 million to $24.5 million previously.
Shares of Couchbase were down more than 12% in recent after-hours activity.
Price: 18.51, Change: -2.61, Percent Change: -12.36
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.