Upland Earnings Reports

Upland Software posted Q4 2024 revenue of $68.0 million, a 6% year-over-year decline, driven by lower subscription and support revenue. Adjusted EBITDA increased to $14.9 million, representing an improved margin of 22%. The company reported a GAAP net loss of $3.4 million, with a free cash flow of $9.0 million. Management highlighted progress in its AI-driven product offerings and cost optimization efforts.

Upland Software reported a decrease in total revenue and subscription revenue compared to Q3 2023. However, the company saw a significant reduction in GAAP net loss. They met their revenue and Adjusted EBITDA guidance midpoints, welcoming new customers.

Upland Software's Q2 2024 total revenue was $69.3 million, a 7% decrease compared to Q2 2023. The company beat revenue and Adjusted EBITDA guidance midpoints. GAAP net loss was $11.4 million, and free cash flow was $5.2 million. They saw meaningful new customer wins and major customer expansions, along with reinforced strategic partnerships.

Upland Software reported a decrease in total revenue and subscription revenue compared to Q1 2023. However, the company beat revenue and Adjusted EBITDA guidance midpoints. They drove innovation with 10 key AI initiatives and welcomed 21 new major customers.

Upland Software reported a decrease in total revenue for Q4 2023, but showed progress in their growth plan with increasing recognition of their products.

Upland Software reported a decrease in total revenue and subscription revenue compared to Q3 2022. The company experienced a GAAP net loss, but operating cash flow and free cash flow increased due to a one-time cash benefit. They welcomed 162 new customers, including 26 major ones.

Upland Software reported a decrease in total revenue and subscription revenue for Q2 2023. The company beat revenue and Adjusted EBITDA guidance midpoints. They added 20 new major customers and announced new product innovations.

Upland Software reported a decrease in total revenue by 2% year-over-year to $77.1 million, while beating revenue and Adjusted EBITDA guidance midpoints. GAAP net loss was $140.0 million, and free cash flow came in stronger than expected at $15.6 million.