Upland Software Reports First Quarter 2021 Financial Results
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Upland Software (UPLD) Tops Q1 EPS by 20c, Revenues Beat; Offers 2Q & FY21 Revenue Outlook
May 5, 2021 4:16 PM EDTUpland Software (NASDAQ: UPLD) reported Q1 EPS of $0.60, $0.20 better than the analyst estimate of $0.40. Revenue for the quarter came in at $74 million versus the consensus estimate of $73.18 million.
First Quarter 2021 Financial Highlights
Total revenue was $74.0 million, an increase of 9% from $68.0 million in the first quarter of 2020.Subscription and support revenue was $70.7 million, an increase of 11% from $63.9 million in the first quarter of 2020.GAAP net loss was $20.7 million, or a loss of $0.69 cents per share, compared to a GAAP net loss of $20.1 million, or a loss of $0.81 cents per share,... More