reported quarterly earnings of 7 cents per share, compared to Wall Street forecasts for a 19 cents per share loss. Revenue beat estimates, and the financial software company also issued an upbeat outlook. Despite the upbeat numbers, Coupa shares tumbled 9.2% in premarket trading. jumped 3.4% in the premarket after it beat estimates on both the top and bottom lines for its fiscal third quarter.
Sales more than doubled compared to a year ago, and the company said it sees no signs of demand slowing. surged 6.6% in the premarket after the apparel retailer said it was taking all appropriate steps to improve performance and increase shareholder value. The statement was in response to a letter sent to management by activist investor Barington Capital. Separately, Chico's reported quarterly earnings and sales that topped Wall Street forecasts.
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Which means margins and leverage are at over $1T now ?
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