2024-06-06 07:29:17 ET
Summary
- We recap the Q1 earnings report from Couchbase.
- The company beat expectations while operating cash flow turned positive.
- Data-intensive AI applications have added a growth tailwind for the company's market opportunity.
Couchbase, Inc. ( BASE ) reported its latest quarterly results, highlighted by a solid beat to consensus revenue and earnings expectations. The NoSQL database management systems provider continues to gain traction as a go-to solution for major enterprise customers....
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Couchbase Q1 Earnings: Strong Growth With A Step Towards Profitability