secwatch.observer — SEC 8-K summary
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Issuer:     Upland Software, Inc. (UPLD)
CIK:        0001505155
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001505155-22-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upland Software Q1 revenue $78.7M (+6% YoY), beats guidance; guides Q2 rev $77.5-81.5M
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- GAAP net loss $22.8M ($0.73 loss per share) vs $20.7M loss a year ago.
- Adjusted EBITDA $23.4M (30% margin); operating cash flow $8.2M, free cash flow $8.0M.
- Cash on hand $130.4M; subscription and support revenue $73.6M (+4% YoY).
- Q2 2022 revenue guidance $77.5-81.5M; full-year 2022 revenue $313-329M.
- Added 120 new customers (25 major); expanded 280 existing relationships; 49 major expansions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505155/000150515522000035/0001505155-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505155/000150515522000035/upld-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001505155-22-000035

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