U.S. Markets closed

Free Post Earnings Research Report: Coupa Software’s Quarterly Revenues Surged 41%; Delivered Non-GAAP Profit

LONDON, UK / ACCESSWIRE / April 19, 2018 / Active-Investors.com has just released a free earnings report on Coupa Software Inc. (NASDAQ: COUP) If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=COUP. The Company reported its fourth quarter fiscal 2018 and full fiscal year 2018 operating and financial results on March 14, 2018. The provider of cloud-based spend management platform outperformed top- and bottom-line expectations. Additionally, the Company provided guidance for the upcoming quarter and fiscal year. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Coupa Software most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=COUP

Earnings Highlights and Summary

For the fourth quarter ended January 31, 2018, Coupa Software's total revenues surged 41% to $53.8 million compared to $38.0 million in Q4 FY17. The Company's revenue numbers beat analysts' estimates of $48.59 million.

For Q4 FY18, Coupa Software's subscription revenues advanced 38% to $46.6 million compared to $33.8 million in Q4 FY17.

For Q4 FY18, Coupa Software's GAAP operating loss was $9.1 million compared to an operating loss of $6.4 million in Q4 FY17. The Company's non-GAAP operating income was positive $0.9 million in the reported quarter compared to an operating loss of $2.3 million in the prior year's same quarter.

Coupa Software reported a GAAP net loss of $8.7 million, or $0.16 loss per diluted share, in Q4 FY18 compared to a net loss of $6.6 million, or $0.13 loss per diluted share, in Q4 FY17. For the reported quarter, the Company posted a non-GAAP net income of $1.4 million, or $0.02 per diluted share, versus a net loss of $2.5 million, or $0.05 loss per diluted share, in the year earlier comparable quarter. The Company's earnings beat Wall Street's estimates for a loss of $0.15 per share.

For the full fiscal year 2018, Coupa Software's revenues surged 40% to $186.8 million compared to $133.8 million in FY17. The Company's subscription revenues rose 40% to $164.9 million on a y-o-y basis in FY18.

For FY18, Coupa Software reported a GAAP net loss of $43.8 million, or $0.83 loss per diluted share, compared to a net loss of $37.6 million, or $1.88 loss per diluted share, in FY17. The Company's non-GAAP net loss was $11.3 million, or $0.21 loss per diluted share, in FY18 compared to a net loss of $27.1 million, or $1.36 loss per diluted share, in FY17.

Cash Matters

During Q4 2017, Coupa Software's operating cash flows and free cash flows were negative $1.7 million and negative $2.6 million, respectively, excluding net cash paid of $6.5 million for the acquisition of Simeno in the reported quarter. Coupa Software's operating cash flows and free cash flows were positive $19.8 million and positive $15.3 million, respectively, in FY18.

As of January 31, 2018, Coupa Software's cash and cash equivalents were $412.9 million. The Company's total deferred revenues were $128.0 million as of January 31, 2018.

Business Outlook

For the first quarter of the fiscal year 2019, Coupa Software is forecasting total revenues to be between $51.0 and $51.5 million, and subscription revenues to be in the range of $46.5 million and $47.0 million, including a negative impact of approximately $1.5 million due to there being 3 fewer calendar days for revenue recognition in Q1 FY19 compared to Q4 FY18.

For Q1 FY19, Coupa Software is expecting non-GAAP loss from operations to be in the range of $5.5 million and $7.0 million, and non-GAAP net loss per share to be between $0.11 and $0.13.

For the full fiscal year 2019, Coupa Software is projecting total revenues to be in the band of $227 million and $230 million. The Company's non-GAAP loss from operations is estimated to be between $11.0 million and $14.0 million, and non-GAAP net loss per share is expected to be in the band of $0.23 and $0.28 for FY19.

Stock Performance Snapshot

April 18, 2018 - At Wednesday's closing bell, Coupa Software's stock declined 1.09%, ending the trading session at $47.94.

Volume traded for the day: 288.89 thousand shares.

Stock performance in the last month – up 3.23%; previous three-month period – up 33.13%; past twelve-month period – up 60.28%; and year-to-date – up 53.56%

After yesterday's close, Coupa Software's market cap was at $2.74 billion.

The stock is part of the Technology sector, categorized under the Internet Software & Services industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors