Upland Software (UPLD) Tops Q1 EPS by 1c

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Upland Software Reports First Quarter 2022 Financial Results

May 4, 2022 4:01 PM EDT

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 first quarter 2022 and issued guidance for its second quarter and full year of 2022.

First Quarter 2022 Financial Highlights

Total revenue was $78.7 million, an increase of 6% from $74.0 million in the first quarter of 2021. Subscription and support revenue was $73.6 million, an increase of 4% from $70.7 million in the first quarter of 2021. GAAP net loss was $22.8 million, or a loss of... More