Upland Software (UPLD) Tops Q2 EPS by 11c

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Upland Software Reports Second Quarter 2022 Financial Results

August 3, 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 second quarter 2022 and issued guidance for its third quarter and full year of 2022.

Second Quarter 2022 Financial Highlights

Total revenue was $80.2 million, an increase of 5% from $76.3 million in the second quarter of 2021. Revenue growth includes a negative impact of 3 percentage points from changes in foreign currency exchange rates ("FX"). Subscription and support revenue was $75.0 million, an increase of 4% from $72.4 million in... More