Upland Software Announces $60 Million Credit Facility for Acquisitions
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Canaccord Genuity Maintains $13 Price Target on Upland Software (UPLD) Following Q1
May 15, 2015 10:10 AM EDTCanaccord Genuity maintains a Buy rating and $13 price target on Upland Software (NASDAQ: UPLD) following Q1. UPLD reported revenue of $17.5M, up 16% in constant currency, and ahead of $17.2M estimates. Subscription and support revenue was $14.3M, up 26%. Adjusted EBITDA came in at... More
Upland Software (UPLD) Enters New $60M Credit Facility
May 15, 2015 7:18 AM EDTUpland Software (Nasdaq: UPLD) announced a new credit facility with Wells Fargo Capital Finance. The facility provides up to $60 million in borrowing capacity for acquisitions, general corporate purposes and to refinance existing debt. The facility permits Upland to issue an additional $10 million in subordinated... More
