Coupa Software (COUP) Tops Q3 EPS Views; Issues Confident Q4 Outlook

Coupa Software (NASDAQ: COUP) reported Q3 EPS of ($0.22), $0.27 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $35.4 million versus the consensus estimate of $31.24 million.

Cash flow from operating activities was a use of $10.5 million for the nine months ending October 31, 2016.

GUIDANCE:

Coupa Software sees Q4 2015 EPS of ($0.19)-($0.16), versus the consensus of ($0.23). Coupa Software sees Q4 2015 revenue of $35.5-36.00 million, versus the consensus of $32.4 million.

Coupa Software sees FY2015 EPS of ($1.73)-($1.67). Coupa Software sees FY2015 revenue of $131.3-131.8 million.

For earnings history and earnings-related data on Coupa Software (COUP) click here.

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