Coupang (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.