— Finance

Coupa Software shares jump 12% on strong Q3 revenue guidance

1 Mins read

Shares of Coupa Software Inc. jumped 12% in extended trading Tuesday after the software company reported fiscal second-quarter results. Coupa reported a net loss of $91.5 million, or $1.24 a share, compared with a net loss of $43.1 million, or 64 cents a share, in the year-ago quarter. Revenue rose 42% to $179.2 million from $125.9 million a year ago. The revenue breezed past analyst estimates, and Coupa offered third-quarter solid revenue guidance of between $177 million and $178 million — easily topping estimates. Analysts surveyed by FactSet had expected a net loss of 6 cents a share on revenue of $162.9 million during the second quarter. Coupa’s stock is down 22% so far in 2021. The broader S&P 500 index is the year.

683 posts

About author
Tristan McCue is a 26-year-old junior programmer who enjoys reading, binge-watching boxed sets, and appearing in the background on TV. He is smart and friendly, but can also be very evil and a bit lazy.He is an Australian Christian. He has a post-graduate degree in computing.
Related posts
— Finance

Acura Finance Customer Service - How to Contact Acura for a Complaint

7 Mins read
Acura Finance Customer Service – Have you ever had a question about your car that you could not find an answer to…
— Finance

How to Stop Eye Pain from Computer Use

4 Mins read
A study from the University of California San Francisco suggests reducing eye strain caused by looking at a computer screen. The findings…
— Finance

Dow Jones Futures: How To Handle The Market Rally; Elon Musk Ready To Sell 10% Of His Tesla Stock

1 Mins read
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally continued to press…
Get All Latest Blog Direct In Your Website

Leave a Reply

Your email address will not be published.