Upland Software Inc reports results for the quarter ended in December - Earnings Summary

Upland Software

23/02/2024 03:01

* Upland Software Inc  UPLD.OQ  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 37 cents.  The mean expectation of
six analysts for the quarter was for earnings of 18 cents per
share. Wall Street expected results to range from 7 cents to 29
cents per share.
    * Revenue fell 8.4% to $72.18 million from a year ago;
analysts
expected $71.35 million. 
    * Upland Software Inc's reported EPS for the quarter was a
loss
of 56 cents​.
    * The company reported a quarterly loss of $17.37 million.
    * Upland Software Inc shares had risen by 6.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Upland Software
Inc is $4.00 
This summary was machine generated from LSEG data February 23 at
03:01 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.18           0.14           Missed
 Sep. 30 2023      0.19           0.33           Beat
 Jun. 30 2023      0.23           0.22           Missed
 Mar. 31 2023      0.23           0.28           Beat