Cloud Stocks: Analysis of Coupa’s Pana Acquisition

According to a recent market report, the total spend management software market is estimated to grow at 18% CAGR over to reach $4 billion by 2027. San Mateo-based Coupa (Nasdaq: COUP) is leveraging partnerships and product upgrades to make a bigger impact in this market. Revenues for the first quarter grew 40% to $166.9 million, ahead of the market’s estimates of $152.49 million.

Link: Cloud Stocks: Analysis of Coupa’s Pana Acquisition
via http://www.sramanamitra.com

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