Reconciliation of GAAP Cash Flows from Operations to Free Cash Flows, Less: purchases of property and equipment, View original content: http://www.prnewswire.com/news-releases/coupa-software-reports-financial-results-for-the-third-quarter-of-fiscal-2019-300759313.html, Investor Relations: NMN Advisors for Coupa, Nicole Noutsios, (510) 315-1003, [email protected]; Media Contact: Global Public Relations, Stefanie Gordish, (415) 590-9722, [email protected], © 2020 Coupa Software Inc. All Rights Reserved. All statements other than statements of historical facts, including the statements of management and statements in "Business Outlook" are forward-looking statements. This buying is very unusual and has been very consistent in 2019. Total revenues are expected to be between $253.0 and $253.5 million. The top-line growth rate accelerated 1000 basis points sequentially. We were also profitable for the year on a non-GAAP basis, delivering non-GAAP earnings per share of 18 cents, with a net loss per share of 96 cents on a GAAP basis. Coupa's new customers in Q3 included: United Airlines, Finnair, ISS Group, Golden State Warriors, Coors Distribution Company, Darden Restaurants, Cvent, AAA Club Alliance, Lime Bike, Axiata Group, Genesis Energy, SkillSoft, Consolis, KPMG Canada, POWDR, Informa Exhibitions, Santos Limited, and many others. The average customer spent $219M on Coupa in 2016, which has steadily increased to over $468M in 2019, more than doubling in this time frame. We offer a comprehensive, cloud-based BSM platform that has connected hundreds of organizations with more than four million suppliers globally. Using our platform, businesses are able to achieve real, measurable value and savings that drive their profitability. Good day, ladies and gentlemen, and welcome to the Coupa Software third-quarter fiscal-year 2019 earnings release conference call. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited) Nine Months Ended October 31, 2020. This compares with Total Revenues growth of: … Privacy Policy   |   Cookie Policy   |   Cookie Preferences, © 2019 Coupa Software Inc. All Rights Reserved. Non-GAAP net income per diluted share was $0.08, compared to a loss of $0.05 per basic and diluted share for the same period last year. Coupa has grown strongly with revenue growth rates above 35% for the past 3 years. "The foundation for our strong financial results continues to be our ability to deliver repeatable and measurable value for our customers worldwide across all areas of business spend management. See insights on Coupa Software including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Coupa Software revenue beats as subscriptions rise CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (unaudited) Three Months Ended. ... hand, were more likely than any other revenue segment to plan adoption in 5 years or more. Annual stock financials by MarketWatch. The following forward-looking statements reflect Coupa's expectations as of March 11, 2019. In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release and the accompanying tables contain certain non-GAAP financial measures that exclude share-based compensation expenses, amortization of acquired intangible assets, amortization of debt discount and issuance costs from convertible notes, and related tax effects including non-recurring income tax adjustments. A gain of 113.81% in 2019 for shares of Coupa Software Incorporated (COUP) tells a story of huge demand for the shares. Coupa uses these non-GAAP measures in conjunction with GAAP measures as part of its overall assessment of its performance, including the preparation of its annual operating budget and quarterly forecasts, to evaluate the effectiveness of its business strategies and to communicate with its board of directors concerning its financial performance. This industry-first offering spans a set of payment and financing solutions that empower businesses to spend smarter at every transactional step of their BSM process. Record Quarterly Revenues of $67.5 Million, Up 42% Year-Over-Year Cumulative Spend Under Management Surpasses $940 Billion Seeing is Believing! Payment management software provider Coupa Software Inc said on Monday it acquired supply chain software firm LLamasoft for about $1.5 billion. View 4,000+ financial data types. Annual stock financials by MarketWatch. So what. The effect of these items may be significant. COUPA SOFTWARE INCORPORATED ... As of May 30, 2019, the Registrant had 61,770,787 shares of common stock, $0.0001 par value per share, outstanding. © 2020 Coupa Software Inc. All Rights Reserved. 36,529. Income (loss) before provision for (benefit from) income taxes. Strong influencer network will assist Coupa land larger customers Coupa has made significant strides in adding major SIs & Consulting organizations as influencers and sellers of the … Coupa undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in its expectations. Coupa Software other current assets for 2020 were $0B, a NAN% decline from 2019. Please see the reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures attached to this release. SAN MATEO, Calif. – December, 3, 2018 – Coupa Software (NASDAQ: COUP) today announced financial results for its third fiscal quarter ended October 31, 2018. These forward-looking statements are based on Coupa's current expectations and projections about future events and trends that Coupa believes may affect its financial condition, results of operations, strategy, short- and long-term business operations and objectives, and financial needs. See insights on Coupa Software including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Net loss $ (118,730) $ (66,779) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization. COUPA SOFTWARE INCORPORATED ... As of May 30, 2019, the Registrant had 61,770,787 shares of common stock, $0.0001 par value per share, outstanding. This buying is very unusual and has been very consistent in 2019. SAN MATEO, Calif., March 11, 2019 /PRNewswire/ -- Coupa Software (NASDAQ: COUP) today announced financial results for the fourth quarter and fiscal year ended January 31, 2019. Non-GAAP net income per share is calculated based upon 59,752 basic and 66,482 diluted weighted-average shares of common stock. What Is In Store For The Stock Now? Results - Coupa Software Reports Fourth quarter & Full year fiscal 2019 financial -... Has connected hundreds of organizations with more than four million suppliers globally host for today conference... Four times over the last four quarters be included in other periodic Coupa... ” members have taken a new Options trade as COUP recovers lost ground February 1, 2018 enterprises! In `` business Outlook: the following forward-looking statements in this release reflect Coupa 's as! 11.5 % annual Free Cash Flows ( in thousands ) ( unaudited ) Nine Months Ended October 31,.. Software Inc said on Monday it acquired Hiperos, a NAN % decline from 2017 million! 9.92 million Fourth quarter & Full year fiscal 2019 financial results - Software. 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