Couchbase, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2021
September 08, 2021 at 04:05 pm EDT
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Couchbase, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended July 31, 2021. For the quarter, the company reported total revenue of $29,699,000 compared to $25,160,000 a year ago. Loss from operations was $13,990,000 compared to $6,703,000 a year ago. Net loss was $14,470,000 compared to $8,838,000 a year ago. Net loss per share attributable to common stockholders, basic and diluted was $1.76 compared to $1.76 a year ago.
For the six months, the company reported total revenue of $57,654,000 compared to $48,205,000 a year ago. Loss from operations was $28,589,000 compared to $15,997,000 a year ago. Net loss was $29,069,000 compared to $20,188,000 a year ago. Net loss per share, basic and diluted was $4.16 compared to $3.77 a year ago.
Couchbase, Inc. provides a cloud database platform for modern applications. The Company provides a modern database for enterprise applications. Its database is engineered for high performance at scale to serve the needs of mission-critical applications that enterprises run their businesses on. Its products include Couchbase Capella, Couchbase Server and Couchbase Mobile. Its Couchbase Capella is a fully managed, automated, and secure database-as-a-service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments. Its Couchbase Server is a full-featured, multi-service NoSQL database. It provides a comprehensive SQL-compatible query language, SQL++, that allows for a range of data manipulation functions. Its Couchbase Server can be deployed on-premises or on any cloud. Its Couchbase Mobile is a full-featured embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability.