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

Upland Software

02/11/2023 21:53

* Upland Software Inc  UPLD.OQ  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 50 cents.  The mean expectation of
six analysts for the quarter was for earnings of 19 cents per
share. Wall Street expected results to range from 9 cents to 24
cents per share.
    * Revenue fell 6.8% to $74.12 million from a year ago;
analysts
expected $73.20 million. 
    * Upland Software Inc's reported EPS for the quarter was a
loss
of 31 cents​.
    * The company reported a quarterly loss of $10.01 million.
    * Upland Software Inc shares had fallen by 27.3% this
quarter and
lost 52.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.1%
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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Upland
Software
Inc is $4.00 

This summary was machine generated from LSEG data November 2 at
09:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.39           0.37           Missed