Couchbase, Inc. - BASE STOCK NEWS

Couchbase (NASDAQ: BASE) has launched Couchbase Mobile 3, a cutting-edge edge-ready data platform designed for mobile developers and edge architects. The platform features an industry-first embedded document database, enabling seamless development of applications across cloud, edge, mobile, and IoT devices. Key benefits include offline-first capabilities, automatic data synchronization, and enhanced operational ease for complex edge architectures. Couchbase Mobile 3 is now available, empowering businesses to deliver resilient apps without connectivity concerns.

Couchbase, Inc. (NASDAQ: BASE) will report its fourth quarter and full fiscal year results for the period ended January 31, 2022 on March 9, 2022, after market close. Following the report, a conference call will be held at 2:00 PM PT to discuss the results, accessible via specific dial-in numbers. The company emphasizes its role in empowering enterprises with a high-performance modern database to support critical applications globally.

Couchbase, Inc. (NASDAQ: BASE) has achieved the AWS Outposts Ready designation, recognizing its successful integration with Amazon Web Services (AWS). This designation allows Couchbase's platform to utilize AWS infrastructure in a hybrid environment, improving data processing at the edge. The collaboration enhances performance for critical applications across various sectors, including healthcare and retail. Couchbase's advancements aim to streamline data management and optimize costs for enterprises while strengthening its partner ecosystem.

Madrona Venture Group announces James Phillips as its new Strategic Director, bringing extensive experience from Microsoft and entrepreneurial ventures. Phillips, previously leading Microsoft’s Digital Transformation Platform Group, has a strong background in product development, digital transformation, and business scaling. He has founded successful startups and held key roles at major corporations. Madrona has raised $620M over the past year to support early-stage companies and aims to leverage Phillips’ expertise in mentoring founders and enhancing company growth.

Couchbase, Inc. (NASDAQ: BASE) reported strong financial results for Q3 FY2022, with total revenue of $30.8 million, up 20% year-over-year, and subscription revenue of $29.0 million, also up 20%. Annual recurring revenue (ARR) increased by 21% to $122.3 million. Despite a higher operating loss of $15.5 million, the company launched Couchbase Capella on AWS, enhancing its cloud offerings. Looking ahead, Couchbase forecasts Q4 total revenue between $33.9 million and $34.1 million and full fiscal year revenue between $122.4 million and $122.6 million.

Couchbase (NASDAQ: BASE) has appointed Alvina Antar, former CIO at Okta, to its board of directors. With over 20 years in IT and business transformation, Antar brings extensive experience in cloud adoption and customer-centric strategies. President and CEO Matt Cain expressed excitement about her joining, highlighting her skills in enterprise transformation which align with Couchbase's growth strategies. Antar's background includes significant roles at Zuora and Dell, and she is active in promoting diversity in tech. Her appointment comes at a crucial time as data becomes increasingly vital for business success.

Couchbase, Inc. (NASDAQ: BASE) will release its fiscal third quarter financial results for the period ending October 31, 2021, on December 7, 2021, after market close. A conference call will take place at 2:00 PM PT (5:00 PM ET) on the same day, where the results will be discussed. Investors can participate via phone or through a webcast accessible on the company's investor relations page. Couchbase is known for its modern database solutions that power critical applications for enterprises worldwide.

On October 21, 2021, Couchbase (NASDAQ: BASE) announced the winners of its annual Customer and Partner Awards during ConnectONLINE 2021. The awards highlight achievements in modernization efforts across industries, recognizing key customers like Cvent and Citigroup for their innovative applications utilizing Couchbase's database technology. Additionally, partners like Infosys and AWS were acknowledged for their contributions to digital transformation initiatives. Couchbase supports over 500 customers globally, with 30% being Fortune 100 companies.

Couchbase, Inc. (NASDAQ: BASE) announced the launch of Couchbase Capella, a hosted Database-as-a-Service (DBaaS) on Amazon Web Services (AWS). Capella offers flexibility, high performance, and cost efficiency for enterprise applications, enabling developers to focus on building applications rather than database management. The service integrates over 20 AWS services, supporting operational, transactional, and analytical workloads. Capella is designed for ease of use, providing SQL familiarity and a single management interface. Customers can start a free trial to experience the platform.