Couchbase, Inc. (BASE) revealed Loss for second quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at -$19.90 million, or -$0.39 per share. This compares with -$20.65 million, or -$0.44 per share, in last year's second quarter.
Excluding items, Couchbase, Inc. reported adjusted earnings of -$0.06 per share for the period.
Analysts on average had expected the company to earn -$0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 19.6% to $51.59 million from $43.14 million last year.
Couchbase, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): -$19.90 Mln. vs. -$20.65 Mln. last year.
-EPS (Q2): -$0.39 vs. -$0.44 last year.
-Revenue (Q2): $51.59 Mln vs. $43.14 Mln last year.
-Guidance:
Next quarter revenue guidance: $50.3-$51.1 mln
Full year revenue guidance: $205.1-$209.1 mln
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