Upland Software Reports Third Quarter 2020 Financial Results Yahoo 11/05 16:01 ET. Reconciliation of net loss to non-GAAP net income: Weighted average ordinary shares outstanding, basic, Weighted average ordinary shares outstanding, diluted, Reconciliation of Operating Cash Flow to Free Cash Flow. Revenue grew 34.7% on a year-over-year basis. We're excited to announce enhanced product innovation across our Enterprise Sales & Marketing (ESM) Cloud designed to make complex B2B buyer journeys simpler, smarter, and more connected. Condensed Consolidated Statements of Operations, (in thousands, except per share data, unaudited), Loss before benefit from (provision for) income taxes, Benefit from (provision for) income taxes, Net loss per common share, basic and diluted, Weighted-average common shares outstanding, basic and diluted, Accrued expenses and other current liabilities, Total liabilities and stockholders’ equity, Condensed Consolidated Statements of Cash Flows. Sales Readiness Platform Market . Upland Software shares have risen 39% since the beginning of the year. Total revenue was $74. Upland Software Announces Updated Date for Fourth Quarter and Fiscal 2019 Financial Results Conference Call businesswire. To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use the following non-GAAP financial measures: Adjusted EBITDA, non-GAAP net income (loss), non-GAAP net income (loss) per share and free cash flow. Stocks Analysis by Zacks Investment Research covering: S&P 500. Focused on accelerating customer productivity, with six major releases and 15 feature packs across Upland's cloud solutions. For the full year ending December 31, 2020, Upland expects reported total revenue to be between $283.5 and $287.5 million, including subscription and support revenue … The company has topped consensus revenue estimates three times over the last four quarters. We believe these non-GAAP financial measures are useful to investors both because they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and they are used by our institutional investors and the analyst community to help them analyze the health of our business. Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based tools for digital transformation, unveiled its latest product release featuring new capabilities – powered by key integrations with Tableau, Quip, and Microsoft – designed to support revenue teams who need to accelerate growth within their 2020 pipeline amidst a challenging environment. Upland Software, Inc. (NASDAQ:UPLD) COO Timothy Mattox sold 12,982 shares of the company’s stock in a transaction dated Tuesday, December 22nd. Upland Software (UPLD) reported 3rd Quarter September 2020 earnings of $0.17 per share on revenue of $74.2 million. Kendell Kelton We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements. “We also completed a transformational equity raise - and are now capitalized well enough to be able to grow double digits through a combination of organic growth and acquisitions and are no longer dependent on the equity capital markets due to our free cash flow generation,” he said. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures that may not be indicative of our recurring core business operating results, such as our revenues excluding the impact for foreign currency fluctuations or our operating performance excluding not only non-cash charges, but also discrete cash charges that are infrequent in nature. UPLD has a Revenue of $242.2 Mil as of today(2020-06-24). Read more below. Upland Software, a leader in cloud-based enterprise work management software, has acquired InGenius, a leading Computer Telephony Integration (CTI) solution for enterprise contact centres. The company has topped consensus revenue estimates four times over the last four quarters. Upland defines free cash flow as GAAP operating cash flow less purchases of property and equipment. For the full year ending December 31, 2019, Upland expects reported total revenue to be between $213.8 million and $217.8 million, including subscription and support revenue … For the full year ending December 31, 2020, Upland expects reported total revenue to be between $269.5 and $281.5 million, including subscription and support revenue … 2 seconds ago craig . Find out more about how we use your information in our Privacy Policy and Cookie Policy. To learn more, visit www.uplandsoftware.com. Find the latest Revenue & EPS data for Upland Software, Inc. Common Stock (UPLD) at Nasdaq.com. GAAP operating cash flow was $18.7 million, an increase from negative $0.3 million of GAAP operating cash flow in the third quarter of 2019. investor-relations@uplandsoftware.com For the full year ending December 31, 2020, Upland expects reported total revenue to be between $273.3 and $281.3 million, including subscription and support revenue between $259.5 and $265.5 million, for growth in recurring revenue of 29% at the mid-point over the year ended December 31, 2019. Upland Reports Third Quarter 2020 Financial Results. Upland Software Makes Complex B2B Selling Simpler, Smarter, and More Connected New capabilities from Upland help enterprise companies improve revenue team … Upland Software, which belongs to the Zacks Internet - Software industry, posted revenues of $55.07 million for the quarter ended September 2019, missing the Zacks Consensus Estimate by 0.59%. Upland Software Inc Stock Anaylsis: Historical quarterly revenues per share for Upland Software Inc and historical quarterly revenue growth: Analysts estimate an earnings decrease this quarter of $0.08 per share, a decrease next quarter of $0.02 per share, a decrease this year of $0.58 per share, and an increase next year of $0.19 per share. Upland Software Acquires Localytics, Raises Guidance Accretive acquisition adds $20 million in annualized revenues and leading mobile app personalization technology to Upland… How many employees does Upland Software have? This compares to earnings of … Upland Software acquires Altify, customer revenue optimization platform empowers sales & the extended revenue team to improve overall sales … Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based tools for digital transformation, today announced financial and operating results for the second quarter of 2020 and raised guidance for its third quarter and full year of 2020. Mike Hill Upland Software, Inc. (NASDAQ:UPLD) COO Timothy Mattox sold 12,982 shares of the company’s stock in a transaction dated Tuesday, December 22nd. See All See All. Detailed information on company financials and operating reports can be found here: NGM: UPLD Upland Software Annual Revenue and Growth Rate. The stock was sold at an average price of $46.93, for a total transaction of $609,245.26. Upland Software … Upland Software (Nasdaq: UPLD) is a leader in enterprise work management software. A free inside look at company reviews and salaries posted anonymously by employees. We have recently incurred, and expect to continue to incur, additional expenses as we grow our operations, including potentially higher legal, corporate insurance, accounting and auditing expenses, and the additional costs of enhancing and maintaining our internal control environment. These forward-looking statements should not be relied upon as representing the views of Upland as of any date subsequent to the date of this press release. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3 … 1 Upland Software reviews. AUSTIN, Texas, Nov. 9, 2017 /PRNewswire/ -- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management software, today announced financial and operating results for the third quarter of 2017 and provided increased guidance for its fourth quarter and full year of 2017.. Third Quarter 2017 Financial Highlights. Do the numbers hold clues to what lies ahead for the stock? Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based enterprise work management software, today announced financial and operating results for the fourth quarter and full year of 2019 and reaffirmed guidance for its first quarter and full year of 2020. First Quarter 2020 Financial Highlights. UPLAND SOFTWARE, INC. : Forcasts, revenue, earnings, analysts expectations, ratios for UPLAND SOFTWARE, INC. Stock | UPLD | Additional information will also be set forth in Upland's future quarterly reports on Form 10-Q, annual reports on Form 10-K and other filings that Upland makes with the SEC. In the final minutes of trading on Thursday, shares hit $49.60, a climb of 30% in the last 12 months. Following the completion of the sale, the chief operating officer now owns 476,945 shares in the company, valued […] Upland Software (UPLD) delivered earnings and revenue surprises of 5.56% and 5.87%, respectively, for the quarter ended June 2018. Subscription and support revenue was $71.0 million, an increase of 39% from $51.1 million in the third quarter of 2019. For the full year ending December 31, 2020, Upland expects reported total revenue to be between $283.5 and $287.5 million, including subscription and support revenue between … Upland Software, which belongs to the Zacks Internet - Software industry, posted revenues of $74.18 million for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by … 2 million, an increase of 35% from the third quarter of 2019. Total revenue was $74.2 million, an increase of 35% from $55.1 million in the third quarter of 2019. Total revenue up 35% over second quarter 2019. —30+ days ago. For example: in our Project & IT Management Cloud, we introduced a new resource request workflow to help users streamline resource allocation requests, resulting in greater utilization and profitability; and in our Enterprise Sales & Marketing Cloud, we added key Microsoft integrations that enable users to access their RFP and proposal library directly from within Word and Excel. Changes in operating assets and liabilities, net of purchase business combinations: Net cash provided by (used in) operating activities, Purchase business combinations, net of cash acquired, Proceeds from notes payable, net of issuance costs, Taxes paid related to net share settlement of equity awards, Issuance of common stock, net of issuance costs, Additional consideration paid to sellers of businesses, Net cash provided by financing activities, Effect of exchange rate fluctuations on cash, Cash and cash equivalents, beginning of period. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but are not limited to: our financial performance and our ability to achieve, sustain or increase profitability or predict future results; our ability to attract and retain customers; our ability to deliver high-quality customer service; the growth of demand for enterprise work management applications; our plans regarding, and our ability to effectively manage, our growth; our plans regarding future acquisitions and our ability to consummate and integrate acquisitions; maintaining our senior management and key personnel; our ability to maintain and expand our direct sales organization; our ability to obtain financing in the future on acceptable terms or at all; the performance of our resellers; our ability to adapt to changing market conditions and competition; our ability to successfully enter new markets and manage our international expansion; the operation and reliability of our third-party data centers and other service providers; our ability to adapt to technological change and continue to innovate; our ability to integrate our applications with other software applications; our ability to comply with privacy laws and regulations; and factors that could affect our business and financial results identified in Upland's filings with the Securities and Exchange Commission (the "SEC"), including Upland's most recent 10-K and our recent Quarterly Report on Form 10-Q filed with the SEC. 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