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Upland Software (UPLD)
NASDAQ:UPLD
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.2Last Year’s EPS
0.14Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 72.20%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments, including exceeding revenue guidance, customer expansion, and significant debt reduction, alongside challenges such as a year-over-year revenue and EBITDA decline. The strategic focus on AI solutions and cost efficiencies indicates positive future prospects.Company Guidance
During the Q3 2024 earnings call, Upland Software provided detailed guidance, reflecting their strategic focus on growth and cost management. The company reported Q3 revenue of $66.7 million, a 10% decrease year-over-year, with recurring revenue from subscriptions and support at $63.8 million. Adjusted EBITDA for Q3 was $14 million, up from $13.6 million in Q2, and they projected it to increase to $14.9 million in Q4, aiming for an annual run rate of nearly $60 million. For Q4 2024, Upland anticipates total revenue between $65.9 million and $71.9 million and adjusted EBITDA between $13.4 million and $16.4 million. The full-year 2024 forecast includes revenue between $272.6 million and $278.6 million, with adjusted EBITDA expected between $54.1 million and $57.1 million, reflecting a strategic focus on exiting 2024 with positive core organic growth and setting up for continued expansion in 2025.Exceeding Revenue and EBITDA Guidance
Upland Software beat its Q3 revenue guidance midpoint and met its adjusted EBITDA guidance midpoint. Adjusted EBITDA was $14 million, up from $13.6 million in Q2.
Customer Expansion and New AI Solutions
The company welcomed 122 new customers, including 18 major ones, and expanded relationships with 312 existing customers, involving new generative AI solutions.
Recognition and Product Development
Upland earned 72 badges in G2's Fall 2024 market reports, up from 56 in the summer, and launched Upland BA Insight for Microsoft Azure AI Search.
Debt Reduction and Interest Savings
Upland paid down $177 million of its debt, leading to approximately $7 million in annualized interest savings.
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UPLD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UPLD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $2.23 | $2.58 | +15.70% |
| Aug 01, 2024 | $2.30 | $2.50 | +8.70% |
| May 02, 2024 | $2.02 | $2.59 | +28.22% |
| Feb 22, 2024 | $4.42 | $2.82 | -36.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Upland Software (UPLD) report earnings?
Upland Software (UPLD) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Upland Software (UPLD) earnings time?
Upland Software (UPLD) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UPLD EPS forecast?
UPLD EPS forecast for the fiscal quarter 2024 (Q4) is 0.2.
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