Coupa Software (COUP) Tops Q2 EPS by 32c, Guidance Tops Views
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Coupa Software (COUP) PT Raised to $325 at Piper Sandler
September 8, 2021 8:58 AM EDTPiper Sandler analyst Brent Bracelin raised the price target on Coupa Software (NASDAQ: COUP) to $325.00 (from $295.00) while maintaining a Overweight rating.
The analyst commented, "Solid Q2 results evident by a $16M beat on 30%+ organic billings growth and RPO growth that could top 50%... More
'Coup There It Is': Coupa Software (COUP) Smashes Q2 Estimates to Send Share Higher, Analysts Bulled-Up
September 8, 2021 5:37 AM EDTShares of Coupa Software (NASDAQ: COUP) are up over 6% after the company delivered better-than-expected Q2 results and guidance.
Coupa reported EPS of $0.26 to crush the consensus estimate of negative $0.06. Sales came in at $179.2 million to top the consensus estimate of $162.97 million. Subscription revenues soared 40% to $156.2 million.
"Digitizing and optimizing back-office operations is being prioritized as a key strategic initiative for our customers, and the Coupa platform is critical for their ability to develop agility and adaptability in these rapidly changing times," noted CEO Rob Bernshteyn.
For the ongoing quarter, EPS... More
Coupa Software (COUP) Shares Up 6% After-Hours Following Q2 Beat
September 7, 2021 4:58 PM EDTCoupa Software Incorporated (NASDAQ: COUP) shares are trading more than 6% higher after-hours following the companys reported strong Q2 results. Quarterly EPS came in at $0.26, better than the consensus estimate of ($0.06). Total revenues grew 42% year-over-year to $179.2 million, beating the Street estimate of $162.97 million. Subscription revenues... More
