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Benzinga

Business

Adam Eckert

Why Coupa Software Shares Are Falling Today

Coupa Coupa Software Inc

Coupa Software Inc (NASDAQ:COUP) is trading lower after the company reported fourth-quarter financial results and issued weak guidance.

Coupa said quarterly revenue grew 18% year-over-year to $193.3 million, which beat the $185.68 million estimate. The company reported adjusted earnings of 19 cents per share, which beat the estimate of 5 cents per share.

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