Coupa Software (NASDAQ:COUP) issued its quarterly earnings results on Monday. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.11, Briefing.com reports. The company had revenue of $67.46 million during the quarter, compared to the consensus estimate of $62.59 million. Coupa Software had a negative return on equity of 14.93% and a negative net margin of 19.93%. Coupa Software’s revenue was up 42.5% on a year-over-year basis. During the same period last year, the company earned ($0.05) earnings per share.
NASDAQ:COUP opened at $61.00 on Wednesday. Coupa Software has a twelve month low of $30.65 and a twelve month high of $84.53. The firm has a market cap of $3.74 billion, a PE ratio of -80.26 and a beta of 1.76.
In other news, insider Anthony D. Tiscornia sold 781 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $78.06, for a total transaction of $60,964.86. Following the transaction, the insider now owns 521 shares in the company, valued at $40,669.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Mark Riggs sold 644 shares of the firm’s stock in a transaction on Friday, November 30th. The shares were sold at an average price of $65.00, for a total value of $41,860.00. Following the transaction, the insider now owns 1,141 shares in the company, valued at approximately $74,165. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 284,248 shares of company stock valued at $19,036,803. Corporate insiders own 6.50% of the company’s stock.
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Coupa Software Company Profile
Coupa Software Incorporated provides cloud-based spend management platform. The company's platform connects organization with suppliers globally; and provides visibility into and control over how companies spend money, as well as enables businesses to achieve savings that drive profitability. Its platform consists of procurement, invoicing, and expense management modules that form its transactional engine and capture a company's spend; and offers supporting modules, including sourcing, spend analysis, contract management, supplier management, and inventory management.
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