Latest news with #BASE
Yahoo
7 hours ago
- Business
- Yahoo
BASE Q1 Earnings Call: Capella Migrations Drive Growth, Near-Term Revenue Lags Expectations
Database as a service company Couchbase (NASDAQ: BASE) fell short of the market's revenue expectations in Q1 CY2025, but sales rose 10.1% year on year to $56.52 million. Its non-GAAP loss of $0.06 per share was 1.9 cents above analysts' consensus estimates. Is now the time to buy BASE? Find out in our full research report (it's free). Revenue: $56.52 million (10.1% year-on-year growth) Adjusted EPS: -$0.06 vs analyst estimates of -$0.08 ($0.02 beat) Adjusted Operating Income: -$4.18 million vs analyst estimates of -$4.72 million (-7.4% margin, relatively in line) Revenue Guidance for Q2 CY2025 is $54.8 million at the midpoint, below analyst estimates of $56.46 million Operating Margin: -33.3%, up from -43.9% in the same quarter last year Annual Recurring Revenue: $252.1 million at quarter end, up 21.4% year on year Billings: $55 million at quarter end, down 6.8% year on year Market Capitalization: $1.00 billion Couchbase's first quarter results reflected the company's ongoing shift toward its Capella database-as-a-service platform and deeper penetration within large strategic accounts. Management pointed to accelerated annual recurring revenue (ARR) growth, with CEO Matt Cain highlighting strong upsell and expansion activity: 'Our pipeline of large strategic opportunities continues to grow, which in combination with our strong Q1 results reinforces my confidence in our strategy and our ability to maintain our momentum this fiscal year and beyond.' The quarter also saw continued momentum in Capella adoption, driven by customer migrations and increased credit consumption as more applications moved into production. Looking ahead, Couchbase's guidance reflects expectations for further Capella migrations, ongoing investment in product capabilities, and disciplined cost management. Management acknowledged that revenue growth will likely remain modest in the near term as customers transition from traditional enterprise licenses to the consumption-based Capella model, which changes how revenue is recognized. CFO Bill Carey noted, 'We expect migrations as well as grown consumption to be significant drivers for us this fiscal year, along with ongoing investments in product capabilities and strengthening our partner ecosystem.' The company remains focused on achieving operating income positivity next year, while maintaining its commitment to innovation, particularly in AI and edge computing use cases. Couchbase's management attributed first quarter results to growth in large strategic accounts, increased Capella adoption, and ongoing product enhancements tailored for developer needs. Strategic account expansion: The company reported notable growth within large enterprise customers, with multiple accounts deploying Couchbase solutions across tens or even hundreds of applications. Management emphasized that success is increasingly defined by becoming a core platform provider for these organizations, enabling long-term expansion opportunities. Capella adoption and migration: Capella, Couchbase's cloud-based database offering, saw continued traction as more customers migrated from legacy enterprise licenses. This transition fueled higher credit consumption, especially as new and existing clients moved applications into production. Management highlighted Capella's performance, ease of use, and scalability as key differentiators. Go-to-market improvements: Couchbase introduced enhancements such as a free Capella tier, credit card transactions for onboarding, and dedicated strategic account teams. These efforts were designed to lower barriers for developers and increase top-of-funnel demand, with trial volumes up significantly year over year. Product innovation in edge and AI: The launch of Couchbase Edge Server—an offline-first, lightweight database for edge environments—aims to support applications requiring reliable, local data access. Management also underscored ongoing investments in AI capabilities, including high-performance vector database features to power agent-based AI applications. Starter pack cohort dynamics: While customer count declined due to churn in the starter pack segment, management described successful ARR expansion among a subset of these customers, with some converting from small initial engagements to large, high-value accounts. Couchbase expects future performance to be shaped by continued Capella migrations, strategic account growth, and investments in AI and edge solutions. Capella migration and consumption: Management believes the transition of existing enterprise customers to Capella will remain a primary growth driver, though it creates short-term revenue recognition delays. As more applications reach steady-state usage, revenue and ARR are expected to converge, supporting longer-term growth. AI and edge computing initiatives: The company is investing in AI-related features, such as integrated vector search and agent-based workflows, and expanding its offerings for edge environments. Management views these capabilities as essential for addressing the evolving needs of application developers and differentiating Couchbase in a competitive market. Efficiency and profitability focus: Couchbase is prioritizing sales and marketing efficiency, operating leverage, and disciplined cost management. The company reaffirmed its aim to reach operating income positivity next year, while balancing growth investments with margin improvement. In upcoming quarters, the StockStory team will be monitoring (1) the pace and scale of migrations to Capella and whether usage growth offsets short-term revenue headwinds, (2) customer adoption of new AI-related and edge database features, and (3) progress in expanding strategic accounts into larger multi-application deployments. The company's ability to improve sales efficiency and profitability will also be important signposts. Couchbase currently trades at a forward price-to-sales ratio of 4.2×. In the wake of earnings, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
3 days ago
- Business
- Yahoo
Couchbase (BASE) Q1 Earnings: What To Expect
Database as a service company Couchbase (NASDAQ: BASE) will be reporting results tomorrow after the bell. Here's what to expect. Couchbase beat analysts' revenue expectations by 3.1% last quarter, reporting revenues of $54.92 million, up 9.6% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' billings estimates but full-year guidance of slowing revenue growth. Is Couchbase a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Couchbase's revenue to grow 8.2% year on year to $55.56 million, slowing from the 25.2% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.08 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Couchbase has missed Wall Street's revenue estimates twice over the last two years. Looking at Couchbase's peers in the data storage segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Commvault Systems delivered year-on-year revenue growth of 23.2%, beating analysts' expectations by 4.8%, and Snowflake reported revenues up 25.7%, topping estimates by 3.4%. Commvault Systems's stock price was unchanged after the resultswhile Snowflake was up 13.5%. Read our full analysis of Commvault Systems's results here and Snowflake's results here. There has been positive sentiment among investors in the data storage segment, with share prices up 7.6% on average over the last month. Couchbase's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $20.81 (compared to the current share price of $17.61). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
4 days ago
- Health
- Time of India
John Brenkus, host of Emmy-winning show 'Sport Science', dies after battling depression
John Breknus passed away at the age of 54 (Image via X/@NFL_Convo) John Brenkus, the creator and host of the Emmy-winning show "Sport Science" and founder of production companies BASE and died Saturday at age 54 after battling depression, according to a post on his Facebook account. A social media announcement on Sunday night confirmed his death and revealed his struggle with mental health. "He had been battling depression and lost his fight with this terrible illness," the post stated, urging those struggling with depression to seek help. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! Brenkus had previously discussed his mental health challenges openly. Back in January 2023, he revealed to Marcellus Wiley, his partner at that he had attempted suicide before being saved by his dog. "Sport Science," which launched in 2007 on Fox Sports Net before moving to ESPN for its third season, explored the science and mathematics behind athletic achievements and performances. The show featured Brenkus as host, who also participated in various athletic tests during episodes. Brenkus hosted more than 1,800 segments of the popular show. Brenkus later brought back his show in recent years on his own platform. IPL 2025 Winner Prediction: What Greenstone Lobo's Astrology says The program achieved significant success, winning multiple Emmy awards, including "Outstanding Graphic Design" in 2008 and "Outstanding New Approaches in Sports Programming" in 2009. Poll Should mental health discussions be more prevalent in sports? Yes, absolutely Maybe, to some extent No, not necessary Brenkus was an accomplished producer and director who co-founded BASE productions and later established companies specializing in reality television content. Following the announcement of his death, numerous figures in the sports industry paid tribute to Brenkus and his contributions through the influential "Sport Science" show.
Yahoo
07-05-2025
- Business
- Yahoo
Here's Why We're Not At All Concerned With Couchbase's (NASDAQ:BASE) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, although made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. So, the natural question for Couchbase (NASDAQ:BASE) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. We've discovered 1 warning sign about Couchbase. View them for free. When Might Couchbase Run Out Of Money? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. As at January 2025, Couchbase had cash of US$147m and no debt. In the last year, its cash burn was US$19m. Therefore, from January 2025 it had 7.8 years of cash runway. Notably, however, analysts think that Couchbase will break even (at a free cash flow level) before then. If that happens, then the length of its cash runway, today, would become a moot point. Depicted below, you can see how its cash holdings have changed over time. NasdaqGS:BASE Debt to Equity History May 7th 2025 View our latest analysis for Couchbase How Well Is Couchbase Growing? We reckon the fact that Couchbase managed to shrink its cash burn by 40% over the last year is rather encouraging. Revenue also improved during the period, increasing by 16%. We think it is growing rather well, upon reflection. While the past is always worth studying, it is the future that matters most of all. So you might want to take a peek at how much the company is expected to grow in the next few years. How Easily Can Couchbase Raise Cash? While Couchbase seems to be in a decent position, we reckon it is still worth thinking about how easily it could raise more cash, if that proved desirable. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. We can compare a company's cash burn to its market capitalisation to get a sense for how many new shares a company would have to issue to fund one year's operations. Since it has a market capitalisation of US$943m, Couchbase's US$19m in cash burn equates to about 2.0% of its market value. So it could almost certainly just borrow a little to fund another year's growth, or else easily raise the cash by issuing a few shares.
The Star
04-05-2025
- Business
- The Star
Selangor needs RM1bil to boost padi output
Moving forward: Izham (centre) and guests at the launch of Briar & Behn Meyer's BASE fertiliser technology at Dewan Seri Sekinchan. — Bernama SABAK BERNAM: Selangor needs at least RM1bil to enhance padi productivity, says state infrastructure and agriculture committee chairman Datuk Izham Hashim. He said the state government will soon engage with the Federal Government to discuss funding through the Integrated Agricultural Development Area, northwest Selangor, to achieve five planting cycles every two years. 'The funding is crucial to upgrade drainage systems, build water retention ponds and acquire 80.9ha of padi fields from Tanjong Karang to Sabak Bernam. 'We are facing problems to get water to Sabak Bernam. As such, we want to increase water capacity in most areas in northwest Selangor so that there is adequate water supply for five planting cycles every two years,' he told reporters yesterday, pointing to the importance of the upgrades as Selangor has no new land for padi cultivation under current plans. According to Bernama, he also expressed confidence that all infrastructure improvements could be completed within three years if allocations were approved by the Agriculture and Food Security Ministry. Izham shared that Selangor is also fine-tuning new methods to enhance collaboration between farmers and stakeholders, including FGV Holdings Bhd, which has demonstrated large-scale padi yield improvements in the state. 'We have proposed RM100 per tonne incentives for farmers achieving seven-tonne yields,' he said, noting that currently only farmers in Sungai Leman and Sekinchan areas are capable of achieving such yields out of the state's 9,000 padi farmers. Earlier, Izham attended a farmers' appreciation event in Sungai Leman and launched Briar & Behn Meyer's BASE fertiliser technology at Dewan Seri Sekinchan here.
