Upland Software Reports Fourth Quarter and Full Year 2020 Financial Results

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Upland Software (UPLD) Tops Q4 EPS by 16c, Revenues Beat; Offers 1Q & FY21 Revenue Guidance

February 24, 2021 4:05 PM EST

Upland Software (NASDAQ: UPLD) reported Q4 EPS of $0.61, $0.16 better than the analyst estimate of $0.45. Revenue for the quarter came in at $78.2 million versus the consensus estimate of $71.8 million.

Fourth Quarter 2020 Financial Highlights

Total revenue was $78.2 million, an increase of 18% from $66.1 million in the fourth quarter of 2019.Subscription and support revenue was $74.9 million, an increase of 27% from $59.1 million in the fourth quarter of 2019.GAAP net loss was $5.7 million, or a loss of $0.19 cents per share, compared to a GAAP net loss of $19.9 million, or a loss of $0.80 cents per share, in... More