Coupang's EPS Soars Despite Revenue Miss

The e-commerce platform operator came up a bit short on revenue in the fourth quarter, but beat expectations on earnings per share.Coupang (CPNG 4.43%), a U.S.-based e-commerce powerhouse that largely does business in South Korea, disclosed its fourth-quarter results on Feb. 25. The most noteworthy metric was its earnings per share (EPS) of $0.08, which significantly outperformed the expected$0.01 with some help from a one-time insurance gain. However, revenues of $7.965 billion fell short of projections o ...