Coupa Software Reports First Quarter Fiscal 2021 Financial Results

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Go back to Coupa Software Reports First Quarter Fiscal 2021 Financial Results

Coupa Software (COUP) Tops Q1 EPS by 13c, Revenues Beat Offers FY21 EPS/Revenue Guidance Above Consensus, Provides 2Q EPS/Revenue Views

June 8, 2020 4:07 PM EDT

Coupa Software (NASDAQ: COUP) reported Q1 EPS of $0.20, $0.13 better than the analyst estimate of $0.07. Revenue for the quarter came in at $119.2 million versus the consensus estimate of $111.51 million.

First Quarter Results:

Total revenues were $119.2 million, an increase of 47% compared to the same period last year. Subscription revenues were $105.7 million, an increase of 45% compared to the same period last year.GAAP operating loss was $5.6 million, compared to a GAAP operating loss of $17.8 million for the same period last... More