Posts in Software Industry
K. Liu's Week in Review

Coupa Software (COUP) was active on a number of fronts, reporting a strong start to its FY ’21, pricing an upsized convertible debt offering and acquiring BELLIN Group to extend its reach into treasury management. New bookings were back-end loaded with April exhibiting improvement over March, but renewals remained consistent with prior quarters and expansion with existing customers was above historical rates.

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K. Liu's Week in Review

The United Postal Service’s (USPS) monthly data for April revealed a 54.7% Y/Y increase in PC Postage revenue, marking a significant acceleration from the 13.4% increase in March and the 13.7% increase in the same period last year. This comes as no surprise as management’s commentary during Stamps.com’s (STMP) Q1 earnings call highlighted double-digit growth in U.S. dollar volume processed across all carriers in March and growth north of 50% in April.

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