US91544A1097 - Common Stock
UPLAND SOFTWARE INC
NASDAQ:UPLD (11/12/2024, 4:30:02 PM)
After market: 2.73 0 (0%)2.73
0 (0%)
Upland Software, Inc. engages in providing cloud-based software applications. The company is headquartered in Austin, Texas and currently employs 1,061 full-time employees. The company went IPO on 2014-11-06. The firm's applications enable its customers to drive digital transformation in various business functions, including marketing, sales, contact center, knowledge management, project management, information technology, business operations, and human resources and legal. Its applications interact with consumers across multiple channels to acquire new customers, drive product and service utilization, and resolve issues. The company offers applications that help organizations optimize their sales opportunities and account management processes, coordinate proposal and reference activities, collaborate on the creation and publication of digital content and gain increased control over key sales and marketing workflows, activities and budgets. The company offers applications that improve customer experience and reduce call volume and cycle times through customer self-service products and voice of the customer (VoC) technology.
UPLAND SOFTWARE INC
401 Congress Ave., Suite 1850
Austin TEXAS 78701
P: 18559447526
CEO: John T. McDonald
Employees: 1061
Website: https://uplandsoftware.com/
Shares of business automation software provider Upland Software (NASDAQ: UPLD) jumped 24.9% in the morning session after the company reported strong third quarter earnings. Upland beat analysts' EBITDA expectations. While sales were in line during the quarter, next quarter's revenue guidance implied a more modest decline and came in higher than Wall Street's estimates. The company is also demonstrating strengths on the AI front, following the announcement of the Upland BA Insight for Microsoft Azure AI Search to help customers efficiently sort through their data. It is still too early to tell how UPLD's AI bets will play out, but the updates suggest the company is headed in the right direction. Overall, this quarter was solid, and the market is focused on positive aspects such as guidance.
Business automation software provider Upland Software (NASDAQ: UPLD) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 10% year on year to $66.69 million. The company expects next quarter’s revenue to be around $68.9 million, coming in 1.8% above analysts’ estimates. Its non-GAAP profit of $0.42 per share was 150% above analysts’ consensus estimates.
Business automation software provider Upland Software (NASDAQ: UPLD) will be reporting earnings tomorrow after market hours. Here’s what investors should know.
Looking back on sales and marketing software stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Upland (NASDAQ:UPLD) and its peers.
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