Coupa Software (COUP) March option implied volatility at 170 into quarter results

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Coupa Software (COUP) Shares Plunge 27% on Disappointing 2023 Outlook

March 14, 2022 5:01 PM EDT

Coupa Software (NASDAQ: COUP) shares dropped more than 27% after-hours following the companys disappointing 2023 outlook, despite better-than-expected Q4 results.

Q4 EPS came in at $0.19, better than the consensus of $0.05, and revenue at $193.3 million (up 18% year-over-year) compared to the consensus of $185.68 million. Subscription revenues grew 28%... More