Couchbase reports Q3 EPS (37c), consensus (33c)

Reports Q3 revenue $38.6M, consensus $36.65M. Total annual recurring revenue as of October 31 was $151.7M, up 24% year-over-year, or 28% on a constant currency basis. "We are proud to have delivered third quarter results ahead of all guidance metrics," said CEO Matt Cain. "We saw robust bookings growth, meaningful new Capella logo additions and a rapidly growing pipeline of exciting opportunities across both new and existing customers, and all of this despite a more challenging macroeconomic environment. The investments we have made in our cloud database platform are paying off and I’m thrilled that Capella in particular is becoming an increasingly important contributor to our business."