Coupa Software (NASDAQ:COUP) posted its quarterly earnings data on Monday. The technology company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.06, Bloomberg Earnings reports. The business had revenue of $47.30 million during the quarter, compared to the consensus estimate of $45.02 million. Coupa Software had a negative net margin of 24.00% and a negative return on equity of 19.01%. Coupa Software’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.22) EPS. Coupa Software updated its Q4 guidance to ($0.14-0.16) EPS.

Coupa Software (NASDAQ COUP) opened at $33.62 on Tuesday. Coupa Software has a one year low of $22.50 and a one year high of $37.72.

Several equities analysts recently commented on the stock. ValuEngine upgraded shares of Coupa Software from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Barclays reiterated a “hold” rating and set a $38.00 target price (up from $34.00) on shares of Coupa Software in a research note on Monday, November 27th. Zacks Investment Research upgraded shares of Coupa Software from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Royal Bank Of Canada reiterated a “buy” rating and set a $41.00 target price on shares of Coupa Software in a research note on Wednesday, November 15th. Finally, First Analysis assumed coverage on shares of Coupa Software in a research note on Monday, August 7th. They set an “overweight” rating and a $37.00 target price for the company. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $35.66.

In other news, CEO Robert Bernshteyn sold 63,225 shares of the stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $31.52, for a total value of $1,992,852.00. Following the completion of the transaction, the chief executive officer now owns 280,665 shares in the company, valued at approximately $8,846,560.80. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Todd R. Ford sold 12,000 shares of the stock in a transaction on Monday, September 18th. The shares were sold at an average price of $31.56, for a total transaction of $378,720.00. Following the completion of the transaction, the chief financial officer now owns 14,613 shares of the company’s stock, valued at approximately $461,186.28. The disclosure for this sale can be found here. In the last 90 days, insiders sold 480,279 shares of company stock valued at $15,821,352. Corporate insiders own 32.10% of the company’s stock.

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About Coupa Software

Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.

Earnings History for Coupa Software (NASDAQ:COUP)

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