Coupa Software: Q2 Earnings Insights

Shares of Coupa Software COUP fell 4.15% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 200.00% over the past year to $0.21, which beat the estimate of $0.08.

Revenue of $125,921,000 up by 32.35% from the same period last year, which beat the estimate of $118,840,000.

Looking Ahead

Coupa Software Sees FY21 Adj. EPS $0.43-$0.45 vs $0.38 Est. Sales $496.5M-$498.5M vs $491.22M Est.

Coupa Software Sees Q3 EPS $0.02-$0.03 Vs. $0.05 Est., Sales $123M-$124M Vs. $122.25M Est.

Conference Call Details

Date: Sep 08, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/8mfrj5a3

Technicals

Company's 52-week high was at $353.55

Company's 52-week low was at $99.01

Price action over last quarter: Up 22.22%

Company Overview

Coupa Software is a cloud-based, business spending management platform that provides companies with more control and visibility into how they spend money. Since it was founded in 2006, Coupa has connected buyers with suppliers and helped buyers save money by improving procurement, expense management, and invoice processing. The company is headquartered in San Mateo, California, and went public in October 2016.