Upland Software (UPLD) Adjusts 2015 Guidance Following 3Q; Needham & Company Reiterates Buy

Go back to Upland Software (UPLD) Adjusts 2015 Guidance Following 3Q; Needham & Company Reiterates Buy

Upland Software Acquires Ultriva

November 16, 2015 7:07 PM EST

AUSTIN, Texas, Nov. 16, 2015 /PRNewswire/ -- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications, today announced the acquisition of Ultriva, a cloud-based manufacturing and supply chain work management software provider. Ultriva offers a suite of cloud-based applications that allows manufacturing companies to collaborate with their customers, plants, and suppliers to streamline and optimize material flows. Customers include industrial, automotive, healthcare, and aerospace organizations seeking to optimize their supply chain.

With the acquisition of Ultriva, Upland's ninth in four years, Upland broadens its Enterprise Work Management... More

Upland Software Reports Third Quarter 2015 Results and Announces Acquisition of Ultriva

November 16, 2015 4:53 PM EST

AUSTIN, Texas, Nov. 16, 2015 /PRNewswire/ -- Upland Software, Inc. (NASDAQ: UPLD), a leader in cloud-based Enterprise Work Management applications, today reported its financial results for the third quarter ended September 30, 2015. Upland also announced the acquisition of Ultriva, Inc. Ultriva offers a suite of cloud-based applications that allow manufacturing companies to collaborate with their customers, plants, and suppliers to streamline and optimize material flows.

Third Quarter 2015 Financial Highlights

Total revenue was $17.1 million, an increase of 5% from total revenue of $16.3 million in the third quarter of 2014. Total... More