Coupa Software (COUP) Tops Q1 EPS by 10c, Offers Q2 and FY Guidance

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Go back to Coupa Software (COUP) Tops Q1 EPS by 10c, Offers Q2 and FY Guidance

Coupa Software Reports Financial Results for the First Quarter of Fiscal 2019

June 4, 2018 4:05 PM EDT

Record Quarterly Revenues of $56.4 million and Free Cash Flows of $11.5 million

Cumulative Spend Under Management Surpasses $745 Billion

SAN MATEO, Calif., June 04, 2018 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced financial results for its first fiscal quarter ended April 30, 2018.

We delivered strong Q1 financial results, including 40% year-over-year subscription revenue growth, positive non-GAAP operating income, and positive free cash flows, said Rob Bernshteyn, CEO of Coupa. On the business front, we expanded our customer base by... More