Couchbase reports Q4 EPS (6c), consensus (14c)

Reports Q4 revenue $50.1M, consensus $46.7M. Q4 total ARR as of January 31, 2024 was $204.2M, an increase of 25% year-over-year as reported and on a constant currency basis. RPO as of January 31, 2024 was $241.8 million, an increase of 46% year-over-year. “We finished fiscal 2024 on a strong note, highlighted by 25% ARR growth, and marking a historical year for Couchbase,” said Matt Cain, CEO. “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.”