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Dec. 6, 2021, 4:47 p.m. EST

Coupa Software's stock fall 9% on Q3 results

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By Jon Swartz

Coupa Inc.'s /zigman2/quotes/209884077/composite COUP -3.41% stock tumbled 9% in extended trading Monday after the company reported fiscal third-quarter results. Coupa reported a net loss of $91.2 million, or $1.23 a share, compared with a net loss of $60.8 million, or 88 cents a share, in the year-ago quarter. Adjusted earnings were 31 cents a share. Revenue climbed 40% to $185.8 million from $132.9 million a year ago. Analysts surveyed by FactSet had expected net income of 3 cents a share on revenue of $178 million. Shares of Coupa are down 49% this year, while the broader S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.89% has gained 22%.

/zigman2/quotes/209884077/composite
US : U.S.: Nasdaq
$ 127.30
-4.50 -3.41%
Volume: 1.54M
Jan. 21, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.51 billion
Rev. per Employee
$265,979
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/zigman2/quotes/210599714/realtime
US : S&P US
4,397.94
-84.79 -1.89%
Volume: 3.20B
Jan. 21, 2022 4:52p
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