Benzinga | Sep 7, 2021 04:06PM EDT

Coupa Software Sees Q2 Adj. EPS $0.01-$0.03 vs $(0.08) Est., Sales $177M-$178M vs $168.77M Est.; Sees FY22 Adj. EPS $0.27-$0.29 vs $(0.15) Est., Sales $706M-$708M vs $687.24M Est.

The following forward-looking statements reflect Coupa's expectations as of September 7, 2021.

Third quarter of fiscal 2022:

* Total revenues are expected to be $177.0 to $178.0 million.

* Subscription revenues are expected to be $158.0 to $159.0 million.

* Professional services and other revenues are expected to be approximately $19.0 million.

* Non-GAAP income from operations is expected to be $6.0 to $7.0 million.

* Non-GAAP net income per diluted share attributable to Coupa Software Incorporated is expected to be $0.01 to $0.03 per share.

* Diluted weighted average share count is expected to be approximately 77.0 million shares.

Full year fiscal 2??022:

* Total revenues are expected to be $706.0 to $708.0 million.

* Non-GAAP income from operations is expected to be $40.0 to $41.0 million.

* Non-GAAP net income per diluted share attributable to Coupa Software Incorporated is expected to be $0.27 to $0.29 per share.

* Diluted weighted average share count is expected to be approximately 76.5 million shares.