Upland Software, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 04:53 pm EDT
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Upland Software, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 74.12 million compared to USD 79.55 million a year ago. Net loss was USD 8.67 million compared to USD 6.51 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 0.22 a year ago.
For the nine months, revenue was USD 225.67 million compared to USD 238.49 million a year ago. Net loss was USD 163.86 million compared to USD 45.74 million a year ago. Basic loss per share from continuing operations was USD 5.17 compared to USD 1.47 a year ago.
Upland Software, Inc. provides cloud-based software applications. The Company's applications enable its customers to drive digital transformation in various business functions, including marketing, sales, contact center, knowledge management, project management, information technology, business operations, and human resources and legal. Its applications interact with consumers across multiple channels to acquire new customers, drive product and service utilization, and resolve issues. It offers applications that help organizations optimize their sales opportunities and account management processes, coordinate proposal and reference activities, collaborate on the creation and publication of digital content and gain increased control over key sales and marketing workflows, activities and budgets. It offers applications that improve customer experience and reduce call volume and cycle times through customer self-service products and voice of the customer (VoC) technology.
UPLAND SOFTWARE, INC. 
