Coupang (CPNG) Tops Q2 EPS by 8c

Coupang (NYSE: CPNG) reported Q2 EPS of ($0.04), $0.08 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.31 billion.

Full Year 2022 Financial Guidance Update:

• We now expect to achieve positive total company adjusted EBITDA for FY 2022. This updates our previous guidance of $(400) million in adjusted EBITDA for the full year.

For earnings history and earnings-related data on Coupang (CPNG) click here.

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