Upland Software (UPLD) Misses Q1 EPS by 3c

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Upland Software Reports First Quarter 2023 Financial Results

May 4, 2023 4:01 PM EDT

Company Beats Q1 Guidance and Reaffirms Full Year 2023 Guidance

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 first quarter 2023 and issued guidance for its second quarter and full year of 2023.

First Quarter 2023 Financial Highlights

Total revenue was $77.1 million, a decrease of 2% from $78.7 million in the first quarter of 2022. Total revenue growth includes a negative impact of 2% from changes in foreign currency exchange rates ("FX"). Without... More