U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Wednesday.Shares of Foot Locker, Inc. FL fell sharply in today's pre-market trading following third-quarter results.Foot Locker reported quarterly earnings of 33 cents per share which missed the analyst consensus estimate of 41 cents per share. The company reported quarterly sales of $1.96 billion which missed the analyst consensus estimate of $2.01 billion.Foot Locker shares dipped 14% to $20.80 in the pre-market ...

Financial Data and Key Metrics Changes - Annual recurring revenue (ARR) was $220.3 million, up 17% year-over-year and 16% in constant currency [7][32] - Revenue in Q3 was $51.6 million, up 13% year-over-year [7][33] - Non-GAAP operating loss in Q3 was $3.5 million, an improvement from a loss of $5 million in Q3 of the previous year [8][37] - Gross margin for Q3 was 88.2%, compared to 89.5% in Q3 of last year [35] - Dollar-based net retention rate (NRR) continues to exceed 115% [34] Business Line Data and Key Metrics Changes - Capella now represents 15.1% of total ARR, up from 13.5% last quarter [8][32] - Capella ARR grew 15% sequentially and is up nearly five times over the past two years [32] - The company added 34 new logos in Q3, up from 24 in the same quarter last year [8] Market Data and Key Metrics Changes - The company saw strong customer wins across various industries, including government, gaming, fintech, e-commerce, and technology [9][13] - A major milestone was achieved with a multi-million dollar Capella migration, the largest in the company's history [10] Company Strategy and Development Direction - The company is focused on driving efficiency across operations and improving operational rigor [12][28] - Capella AI Services were announced to empower enterprises in developing and deploying AI applications [23][25] - The company aims to be a long-term strategic partner for enterprises, particularly in the context of AI and next-generation applications [22][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving fiscal 2025 goals despite macroeconomic headwinds [31][42] - The company anticipates a strong Q4 driven by a robust pipeline of strategic opportunities and a significant amount of pre-contracted ARR [42][44] - Management noted that the demand environment appears to be stabilizing, with aspirations to return to 20% plus growth in the future [84] Other Important Information - The company ended Q3 with $141.9 million in cash and short-term investments, remaining well-capitalized for long-term strategy execution [38] - Remaining performance obligations (RPO) were $211.3 million, up 29% year-over-year [39] Q&A Session Summary Question: Insights on Q4 opportunities and ARR translation - Management highlighted that Q4 is expected to be the largest quarter of the year, with several million in pre-contracted ARR contributing to confidence in revenue growth [50][54] Question: Customer conversations regarding AI and Capella - Management noted that discussions with customers increasingly revolve around AI implications, with Capella positioned as a strategic platform for AI applications [57][58] Question: Visibility on closing large deals - Management indicated that while timing for large opportunities is variable, the strength of the pipeline provides confidence for Q4 [66][68] Question: Pre-contracted ARR significance - Management confirmed that the current quarter has the highest amount of pre-contracted ARR in company history, providing additional confidence for Q4 [70] Question: Capella's customer usage and future growth - Management expressed optimism about Capella's adoption, noting that many customers are evaluating the migration of multiple applications to Capella [78][81] Question: Churn and down-sell initiatives - Management reported normal loss and down-sell rates in Q3, indicating that Q2 was an anomaly and that they do not expect elevated loss in Q4 [111][114] Question: Conservatism in ARR guidance - Management clarified that their guidance approach remains consistent, with Q4 expected to be a strong quarter due to pre-contracted revenue and a large renewal pool [120][122]

Couchbase, Inc. (BASE) reported $51.63 million in revenue for the quarter ended October 2024, representing a year-over-year increase of 12.7%. EPS of -$0.05 for the same period compares to -$0.08 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $50.63 million, representing a surprise of +1.98%. The company delivered an EPS surprise of +37.50%, with the consensus EPS estimate being -$0.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

Couchbase, Inc. (BASE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.06, delivering a surprise of 25%.Over the last four quarters, the company has surpassed c ...

Exhibit 99.1 Couchbase Announces Third Quarter Fiscal 2025 Financial Results Santa Clara, Calif., - December 3, 2024 – Couchbase, Inc. (NASDAQ: BASE), the developer data platform for critical applications in our AI world, today announced financial results for its third quarter ended October 31, 2024. "I'm pleased with the continued operational progress of the entire Couchbase team," said Matt Cain, Chair, President and CEO of Couchbase. "We delivered top- and bottom-line results that exceeded our outlook, a ...

SANTA CLARA, Calif., Dec. 3, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the developer data platform for critical applications in our AI world, today announced financial results for its third quarter ended October 31, 2024."I'm pleased with the continued operational progress of the entire Couchbase team," said Matt Cain, Chair, President and CEO of Couchbase. "We delivered top- and bottom-line results that exceeded our outlook, and we achieved another significant milestone with Capella, which now r ...

New Capella Offerings Empower Developers to Build Agentic Applications With Confidence by Giving Them Control Over Data, Simplified Workflows and AI Models Available in One Unified PlatformSANTA CLARA, Calif., Dec. 2, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the developer data platform for critical applications in our AI world, today unveiled Capella AI Services to help enterprises address the growing data challenges of AI development and deployment and streamline how they build secure agentic A ...

Couchbase Customers Honored for Developing Cutting-Edge Enterprise Applications and Delivering Exceptional User ExperiencesSANTA CLARA, Calif., Nov. 21, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced the winners of the 2024 Couchbase Impact Awards. The awards program recognizes customers who are modernizing operational infrastructure to develop modern, real-time and mission-critical applications."The AI era has sparked a new pace of innovation, chal ...

SANTA CLARA, Calif., Nov. 12, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced that it will report financial results for its third quarter ended October 31, 2024 on Tuesday, December 3, 2024 after market close.Couchbase will host a conference call and webcast at 1:30 p.m. Pacific Time (or 4:30 p.m. Eastern Time) on the same day to discuss its financial results. The conference call can be accessed by dialing 877-407-8029 from the United States, or +1 2 ...

With the S&P 500 continuing to tread water near all-time highs, investors have to thread a fine balance: how do we remain exposed to growth and upside, but without paying crazy valuation multiples that are at risk in case of a macro downturn With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular ...