In today's video I look at fundamentals and valuation metrics for the following stocks: Coupa Software (NASDAQ: COUP) and ServiceNow (NYSE: NOW). Coupa reported 40% year-over-year (YOY) revenue growth and 30% YOY subscription revenue growth for the first quarter of fiscal 2022. Coupa is a growth monster that has seen full-year revenue increase by over 38% for the past five years.
Coupa Software shares slumped as much as 9% on Tuesday after the San Mateo, California-based company’s first-quarter earnings declined from a year ago, prompting several analysts to lower their one-year price targets.
Coupa Software's (COUP) first-quarter fiscal 2022 results reflect continued strength in the uptake of the company's solutions including Business Spend Management and Coupa Pay.