Why Couchbase Stock Plummeted Today
Couchbase (NASDAQ: BASE) stock got hit hard in Thursday's trading. The company's share price closed out the daily session down 15.2%, according to data from S&P Global Market Intelligence.
After the market closed on Wednesday, Couchbase published results for the second quarter of its 2025 fiscal year (which ended July 31). The company delivered sales and earnings for the period that beat the market's expectations, but investors weren't happy with some elements of its forward guidance.
For fiscal Q2, Couchbase posted a non-GAAP (adjusted) loss per share of $0.06 on sales of $51.59 million. The performance beat the average Wall Street analyst target, which had called for an adjusted loss of $0.09 per share and sales of $51.12 million.
Source Fool.com
