Couchbase Financial Report

Couchbase, a software company based in Santa Clara, Calif., has reported a significant increase in fourth-quarter revenue, exceeding analysts' expectations. The company posted a loss of $21.4 million, or 44 cents a share, for the three months ended January 31, compared to $16.6 million, or 37 cents a share, in the previous year.

Financial Highlights

• Revenue: $50.1 million (up from $41.6 million)
• Subscription Revenue: Increased by 26%
• Adjusted Earnings: Loss of 6 cents per share (better than the expected 14 cents per share)
• Total Operating Expenses: $67.5 million (up from $54.2 million)

Positive Outlook

Couchbase forecasts revenue to be between $48.1 and $48.9 million for the first quarter, with total annual recurring revenue reaching $204.2 million at the end of the quarter. The company expects full-year revenue to fall between $203 million and $207 million.

Analysts' Expectations

According to FactSet, analysts anticipate first-quarter revenue of $47 million and full-year revenue of $204 million.

Future Projections

Couchbase predicts an adjusted operating loss ranging from $8.5 million to $7.5 million for the first quarter and between $27.5 million and $22.5 million for the full year.

In conclusion, Couchbase's fourth-quarter results reflect a promising outlook for the software company as it continues to grow and expand its market presence.