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Coupa Software Financial Results for May to July 2021

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Coupa Software (ticker symbol: COUP) announced its financial results for the period from May to July 2021 on September 7, 2021.

Financial results for May to July 2021

EPS: 26¢ vs. -6¢ expected.

Net sales of $179 million versus $163 million expected.

Sales growth was 42.3% YoY.

Subscription sales were $156 million, up 40% year over year. Initial guidance was $142 million to $143 million.

Billings were $195 million, up 49% year-over-year.

Operating cash flow was $41 million.

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