Couchbase Inc Q3 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : And I'll offer my congrats as well on the acceleration this quarter. And what sounds like a strong start to Capella. Matt, I guess I wanted to ask on the partner front. I mean, you noted, I think you said that the first 3 quarters of the year has outpaced all of partner activity in fiscal '21. I guess I'm wondering, could you put a finer point on why that's been such -- you've seen a lot of strength there? And I guess to the extent that Capella offers another interesting sales motion for the partner channels. Could you articulate that as well?

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : That's super great and exciting. And then, Greg, if I think -- if I have my math right, I believe CRPO grew near 34%. I guess, is that -- am I in the right ballpark for CRPO growth?

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : And I guess maybe following up on Sanjit's question on -- I know you're not guiding to next year. But to me, that would seem like a pretty good indicator of kind of the trajectory of the business. RPO has grown north of 40%, I believe, now 2 quarters in a row. I mean, how should we think about, I guess -- and maybe the question is, was there anything abnormal like large deals that drove the RPO strength? And is it right to kind of look at CRPO as a good indicator for maybe where next year could eventually get to for ARR growth?