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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 +3.85% 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 +1.59% has gained 22%.

/zigman2/quotes/209884077/composite
US : U.S.: Nasdaq
$ 127.72
+4.73 +3.85%
Volume: 920,621
Jan. 26, 2022 1:12p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.18 billion
Rev. per Employee
$265,979
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/zigman2/quotes/210599714/realtime
US : S&P US
4,425.58
+69.13 +1.59%
Volume: 1.34B
Jan. 26, 2022 1:12p
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