Upland Software (UPLD) Tops Q4 EPS by 8c, Revenues Beat; Offers Q1 & FY20 Revenue Views

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Upland Software Reports Fourth Quarter and Full Year 2019 Financial Results

February 26, 2020 4:01 PM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based enterprise work management software, today announced financial and operating results for the fourth quarter and full year of 2019 and reaffirmed guidance for its first quarter and full year of 2020.

Fourth Quarter 2019 Financial Highlights

Total revenue was $66.1 million, an increase of 46% from $45.2 million in the fourth quarter of 2018. Subscription and support revenue was $59.1 million, an increase of 41% from $41.8 million in the fourth quarter of 2018. GAAP net loss was... More