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Coupa Software: Fiscal Q3 Earnings Snapshot

Coupa Software: Fiscal Q3 Earnings Snapshot

Coupa Software: Fiscal Q3 Earnings Snapshot

By AP News
Published - Dec 12, 2022, 07:12 AM ET
Last Updated - Jun 23, 2023, 06:33 AM EDT

SAN MATEO, Calif. (AP) _ Coupa Software Incorporated (COUP) on Monday reported a loss of $84.7 million in its fiscal third quarter.

On a per-share basis, the San Mateo, California-based company said it had a loss of $1.11. Earnings, adjusted for one-time gains and costs, came to 15 cents per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The company posted revenue of $217.3 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $212.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a COUP">Zacks stock report on COUP at https://www.zacks.com/ap/COUP

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