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

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Coupa Business Spend Management for Federal Achieves FedRAMP Authorization

March 14, 2022 4:05 PM EDT

U.S. Government Approval Opens New Opportunities to Partner with Federal Agencies, Accelerate Value for Citizens

SAN MATEO, Calif., March 14, 2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), has achieved Moderate Authorization from the Federal Risk Authorization Management Program (FedRAMP).

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Coupa Software Reports Fourth Quarter & Full Year Fiscal 2022 Financial Results

March 14, 2022 4:03 PM EDT

Record Annual Revenues of $725 Million, 34% Year-Over-Year Growth Record Annual Calculated Billings of $855 Million, 33% Year-Over-Year Growth Record Annual Operating Cash Flows and Adjusted Free Cash Flows of $168 Million and $156 Million, Respectively

SAN MATEO, Calif., March 14, 2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP) today announced financial results for its fourth quarter and fiscal year ended January 31, 2022.

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