2023-08-03 16:25:54 ET
- Upland Software press release ( NASDAQ: UPLD ): Q2 Non-GAAP EPS of $0.22 misses by $0.01 .
- Revenue of $74.5M (-7.1% Y/Y) beats by $1.17M .
- Subscription and support revenue was $70.5 million, a decrease of 6% from $75.0 million in the second quarter of 2022.
- Cash on hand as of the end of the second quarter of 2023 was $262.6 million.
- For the quarter ending September 30, 2023, Upland expects reported total revenue to be between $70.4 and $76.4 million.
- Third quarter 2023 Adjusted EBITDA is expected to be between $14.5 and $17.5 million.
- For the full year ending December 31, 2023, Upland expects reported total revenue to be between $292.1 and $304.1 million.
- Full year 2023 Adjusted EBITDA is expected to be between $63.2 and $69.2 million.
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Upland Software Non-GAAP EPS of $0.22 misses by $0.01, revenue of $74.5M beats by $1.17M