Coupang Announces Q2 Record Gross Profit of $1.2 billion and Gross Profit Margin Improvement of 250 bps over Q1
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Coupang (CPNG) Shares Slide as Revenue Misses Expectations
August 11, 2022 12:57 PM EDTCoupang (NYSE: CPNG) shares are down 2.8% on the back of its earnings release aftermarket Wednesday.
While earnings topped analyst expectations, revenue missed forecasts, with the company reporting a second-quarter loss per share of $0.04, $0.08 above the analyst estimate of $0.12, with revenue for the... More
Coupang (CPNG) Tops Q2 EPS by 8c
August 10, 2022 4:12 PM EDTCoupang (NYSE: CPNG) reported Q2 EPS of ($0.04), $0.08 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.31 billion.
Full Year 2022 Financial Guidance Update:
We now expect to achieve positive total... More