04:54 PM EDT, 09/04/2024 (MT Newswires) -- Couchbase ( BASE ) reported a Q2 non-GAAP net loss Wednesday of $0.06 per share, compared with a loss of $0.17 a year ago.

Analysts polled by Capital IQ expected a per-share loss of $0.09.

Revenue for the quarter ended July 31 was $51.6 million, up from $43.1 million a year earlier.

Analysts surveyed by Capital IQ expected $51.1 million.

The company expects Q3 revenue to be between $50.3 million and $51.1 million.

Analysts polled by Capital IQ expect $50.7 million.

The company expects fiscal 2025 revenue to be between $205.1 million and $209.1 million. The previous guidance was between $204.5 million and $208.5 million.

Analysts surveyed by Capital IQ expect $207.3 million.

The shares were falling more than 9% in after-hours trading.

Price: 17.10, Change: -1.89, Percent Change: -9.95