Upland Software Reports Fourth Quarter and Full Year 2018 Financial Results
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Upland Software (UPLD) PT Raised to $42 at Canaccord Genuity
March 8, 2019 8:15 AM ESTCanaccord Genuity analyst Richard Davis raised the price target on Upland Software (NASDAQ: UPLD) to $42.00 (from $40.00) while maintaining a Buy rating.
Davis expects shares to continue to grind higher, citing:
1) consensus estimates, and certainly ours, includes only announced M&A, and given... More
Upland Software (UPLD) Tops Q4 EPS by 9c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance Above Consensus
March 7, 2019 4:05 PM ESTUpland Software (NASDAQ: UPLD) reported Q4 EPS of $0.58, $0.09 better than the analyst estimate of $0.49. Revenue for the quarter came in at $45.2 million versus the consensus estimate of $43.45 million.
Total revenue was $45.2 million, an increase of 62% from $27.8 million in the fourth quarter of 2017.Subscription and support revenue was $41.8 million, an increase of 69% from $24.8 million in the fourth quarter of 2017.GAAP net income was $2.7 million, or income of $0.13 cents per share, compared to a GAAP net loss of $3.8 million, or a loss of $0.19 cents per share, in the fourth quarter of... More