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Stock impact report

Couchbase Announces Fourth Quarter and Fiscal 2024 Financial Results [Yahoo! Finance]

Couchbase, Inc. (BASE) 
Company Research Source: Yahoo! Finance
"We finished fiscal 2024 on a strong note, highlighted by 25% ARR growth, and marking a historical year for Couchbase," said Matt Cain , Chair, President and CEO of Couchbase. "In addition to delivering results that exceeded the high end of our guidance range on all metrics, we achieved an important milestone with Capella, which now represents 11% of our ARR and over 25% of our customer base. As we look ahead towards fiscal 2025, I'm confident that we have the differentiated platform and operational rigor to achieve our next phase of growth." Fourth Quarter Fiscal 2024 Financial Highlights Revenue: Total revenue for the quarter was $50.1 million , an increase of 20% year-over-year. Subscription revenue for the quarter was $48.1 million , an increase of 26% year-over-year. Annual recurring revenue (ARR): Total ARR as of January 31, 2024 was $204.2 million , an increase of 25% year-over-year as reported and on a constant currency basis. See the section titled "Key Business Metric Show less Read more
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