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

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Upland Software Reports Fourth Quarter and Full Year 2020 Financial Results

February 24, 2021 4:02 PM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based tools for digital transformation, today announced financial and operating results for the fourth quarter and full year of 2020 and issued guidance for its first quarter and full year of 2021.

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... More