secwatch.observer — SEC 8-K summary
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Issuer:     Upland Software, Inc. (UPLD)
CIK:        0001505155
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001505155-21-000050
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upland Q3 revenue $76.1M (+3% YoY); net loss $11.0M; sales performance misses expectations
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- GAAP net loss $11.0M ($0.36/share); Adjusted EBITDA $25.0M (33% margin), flat YoY.
- Subscription revenue $72.3M (+2% YoY); total revenue $76.1M (+3%).
- CEO: 'did not see uptick in new logo bookings and renewals' as expected.
- Q4 guidance: revenue $73.2-$77.2M, Adj. EBITDA $23.4-$25.4M; full-year revenue $299.5-$303.5M.
- Free cash flow $4.9M vs $18.5M prior year; cash on hand $179.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505155/000150515521000050/0001505155-21-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505155/000150515521000050/upld-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001505155-21-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer