Upland Software (UPLD) Misses Q1 EPS by 15c, Offers Q2 & FY Outlook

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Upland Software Reports First Quarter 2015 Financial Results

May 14, 2015 4:01 PM EDT

AUSTIN, Texas, May 14, 2015 /PRNewswire/ -- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications, today reported its financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Financial Highlights

Total revenue was $17.5 million, an increase of 12% from total revenue of $15.6 million in the first quarter of 2014. On a constant currency basis, total revenue was $18.1 million with a year-over-year growth of 16%. Subscription and support revenue was $14.3 million, an increase of 22% from subscription and support revenue of $11.7 million in the first quarter of... More