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What is Couchbase Q1 Results and Outlook Analysis about?

1) Couchbase reported financial results for the first quarter of 2023 that beat Wall Street expectations for revenue, operating income, and free cash flow. However, the stock fell in after-hours trading as investors were underwhelmed by the modest revenue growth and reiterated financial guidance. 2) Key highlights from the quarter included Capella cloud customers reaching triple digits, double the number of Capella migrations year-over-year, net revenue retention remaining above 115%, and annual recurring

Author

Muhammad Imran

Language

EN