Upland Software Inc reports results for the quarter ended in January 1 - Earnings Summary

Upland Software

08/11/2024 05:14

* Upland Software Inc  UPLD.OQ  reported quarterly adjusted
earnings of 42 cents​​ per share for the quarter ended January
1, higher than the same quarter last year, when the company
reported EPS of 33 cents.  The mean expectation of five analysts
for the quarter was for earnings of 17 cents per share. Wall
Street expected results to range from 9 cents to 23 cents per
share.
    * Revenue fell 10% to $66.69 million from a year ago;
analysts
expected $66.78 million. 
    * Upland Software Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $3.14 million.
    * Upland Software Inc shares had fallen by 10.8% this
quarter and
lost 47.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.4%
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 1 "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 $2.50 
This summary was machine generated from LSEG data November 8 at
05:14 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
 Sep. 30 2024      0.17           0.42           Beat
 Jun. 30 2024      0.13           0.19           Beat
 Mar. 31 2024      0.14           0.19           Beat
 Dec. 31 2023      0.18           0.14           Missed