- Coupa Software (NASDAQ:COUP) shares are up 5% AH following Q3 beats on the top and bottom lines featuring 31% Y/Y revenue growth to $132.96M.
- Subscription sales were up 31% to $118.1M.
- Calculated billings increased 33% Y/Y to $140M vs. the $117.5M consensus.
- Operating cash flow totaled $19M with FCF of $17M.
- For Q4, Coupa expects revenue of $145-146M (consensus: $129.4M), subscription revenue of $124.5-125.5, and a loss per share of $0.11-0.13 (consensus: positive $0.01). .
- The raised full-year outlook includes revenue of $523-524M (consensus: $499.1M; prior: $496.5-498.5M) and adjusted EPS of $0.47-0.49 (consensus: $0.46; prior: $0.43-0.45).
- Press release.
- Previously: Coupa Software EPS beats by $0.15, beats on revenue (Dec. 07 2020)