Upland Software: Fourth Quarter Financial Highlights

Upland Software Announces Fourth Quarter Financial Results

Upland Software Inc., headquartered in Austin, Texas, revealed its financial performance for the fourth quarter on Tuesday, posting a profit of $1.1 million for the period.

The company reported a net loss of $0.01 per share, while adjusted earnings, which exclude certain one-time items, reached $0.24 per share.

During the quarter, Upland Software, known for its cloud-based enterprise work management solutions, generated $49.3 million in revenue.

Looking at the full year, the company recorded a net loss of $38.9 million, or $1.56 per share, with total revenue amounting to $216.9 million.

For the upcoming quarter ending in March, Upland Software anticipates revenue to fall between $47 million and $50 million.

For the entire year, the company projects revenue to range from $194.2 million to $206.2 million.