Compared to Estimates, Couchbase (BASE) Q3 Earnings: A Look at Key Metrics

Couchbase, Inc. (BASE) reported $51.63 million in revenue for the quarter ended October 2024, representing a year-over-year increase of 12.7%. EPS of -$0.05 for the same period compares to -$0.08 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $50.63 million, representing a surprise of +1.98%. The company delivered an EPS surprise of +37.50%, with the consensus EPS estimate being -$0.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Couchbase performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: ARR: $220.30 million versus the five-analyst average estimate of $219.84 million. Revenue- Total subscription revenue: $49.30 million compared to the $48.64 million average estimate based on six analysts. The reported number represents a change of +12.1% year over year. Revenue- Services: $2.33 million compared to the $1.99 million average estimate based on six analysts. The reported number represents a change of +28.3% year over year. View all Key Company Metrics for Couchbase here>>>Shares of Couchbase have returned +28.8% over the past month versus the Zacks S&P 500 composite's +5.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Couchbase, Inc. (BASE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks