Upland Software Inc (UPLD) Releases Earnings Results, Misses Expectations By $-0.28 EPS

Upland Software Inc (UPLD) reported quarterly earnings results on Thursday, Aug-11-2016. The company reported $-0.22 earnings per share for the quarter, missing the analyst consensus estimate by $-0.28. Analysts had a consensus of $0.06. The company posted revenue of $18.60 million in the period, compared to analysts expectations of $17.87 million. The company’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.22 EPS.

Upland Software Inc opened for trading at $7.63 and hit $7.74 on the upside on Monday, eventually ending the session at $7.74, with a gain of 0.78% or 0.06 points. The heightened volatility saw the trading volume jump to 6,936 shares. Company has a market cap of $133 M.

Upland Software Inc. is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology process excellence finance professional services and marketing functions within organizations. Its software applications serve a range of enterprise work management needs from strategic planning to task execution. It services customers ranging from corporations and government agencies to small- and medium-sized businesses. The Company also offers a suite of cloud-based supply chain work management applications. Its Ultriva Lean Suite is a single source for supply chain communication which provides a basis for multi-enterprise multi-tier end-to-end supply chain collaboration. Ultriva Lean Suite includes approximately four modules such as collaborative supply portal lean factory management collaborative demand portal and inventory optimization tool.

Upland Software Inc

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