Coupa Software's stock fall 10% on Q3 results

Dow Jones2021-12-07

Coupa Inc.'s $(COUP)$ stock tumbled 10% in extended trading Monday after the company reported fiscal third-quarter results.

Coupa reported a net loss of $91.2 million, or $1.23 a share, compared with a net loss of $60.8 million, or 88 cents a share, in the year-ago quarter. Adjusted earnings were 31 cents a share.

Revenue climbed 40% to $185.8 million from $132.9 million a year ago. Analysts surveyed by FactSet had expected net income of 3 cents a share on revenue of $178 million. Shares of Coupa are down 49% this year, while the broader S&P 500 index has gained 22%.

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Kenjing
2021-12-07
Kenjing
Nice
- Kenjing:
  Nice
rocketship
2021-12-07
rocketship
Like
- rocketship:
  like
pet
2021-12-07
pet
Pls like
- 2f32b04d:
  👍
SSSG
2021-12-07
SSSG
Opportunity?

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