Upland Software Reports Second Quarter 2019 Financial Results
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Upland Software (UPLD) Tops Q2 EPS by 25c, Revenues Beat; Offers Q3 & FY19 Revenue Guidance
August 7, 2019 5:34 PM EDTUpland Software (NASDAQ: UPLD) reported Q2 EPS of $0.76, $0.25 better than the analyst estimate of $0.51. Revenue for the quarter came in at $53 million versus the consensus estimate of $51.5 million.
Second Quarter 2019 Financial Highlights
Total revenue was $53.0 million, an increase of 47% from $35.9 million in the second quarter of 2018.Subscription and support revenue was $48.7 million, an increase of 47% from $33.2 million in the second quarter of 2018.GAAP net loss was $5.4 million, or a loss of $0.24 cents per share, compared to a GAAP net loss of $5.2 million, or a loss of $0.26 cents per share, in... More