Coupa Software (COUP) PT Lowered to $100 at KeyBanc

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Go back to Coupa Software (COUP) PT Lowered to $100 at KeyBanc

Coupa Software (COUP) Delivers Beat-and-raise, Results Seen as 'Solid'

June 7, 2022 6:28 AM EDT

Shares of Coupa Software (NASDAQ: COUP) are up almost 1% in premarket trading after the technology company hiked its full-year EPS guidance, which topped the consensus estimates.

The company reported Q1 adjusted EPS of 8c, up from 7c in the year-ago period and above the analyst consensus of 5.1c per share. Revenue came in at $196.4 million, up 18% YoY and topping the analyst estimates of $190.5 million.

For Q2, COUP expects adjusted EPS in the range of 7c to 10c, beating the... More