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Tag: BASE Stock

Finance

BASE’s 2023 Market Dance: Up 26.35% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 26.35%. However, over the last six months, the performance has been weaker by 44.28%. The price of BASE increased 4.07% over the last 30 days. And in the last five days, it has fallen by -1.07%. Couchbase Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $32.00 on 03/06/24, and the lowest price during the

Trading Signals

Getting Sustainable Earnings? Couchbase, Inc. (BASE)

Couchbase, Inc. (NASDAQ: BASE), a database technology provider, released a positive report for the first quarter of fiscal 2023. The company reports double-digit growth in revenue and s expects further revenue growth. and cloud computing. For the quarter ended April 30, Couchbase, Inc. (BASE) grew 25% year-over-year to $34.9 million, with subscription sales up 21% to 32 USD and a 27% increase in recurring revenue. Operating loss increased to $19 million. Cash flow from operations increased to $8.6 million from $3.2 million a year earlier. Couchbase, Inc. (BASE) has added a new DBaaS (database subscription) service to Google Cloud, capitalizing