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Tag: Couchbase

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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