secwatch.observer — SEC 8-K summary
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Issuer:     Upland Software, Inc. (UPLD)
CIK:        0001505155
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001505155-22-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upland Software reports Q2 revenue $80.2M, beats guidance; announces $115M HGGC investment
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- Total revenue $80.2M (+5% YoY); subscription & support $75.0M (+4% YoY); GAAP net loss $16.4M ($0.52/share loss).
- Adjusted EBITDA $24.5M (31% margin); free cash flow $13.9M, up from $10.6M in Q2 2021.
- After quarter close, announced $115M strategic equity investment from HGGC at $17.50/share convertible preferred with 4.5% dividend.
- Q3 2022 guidance: revenue $75.7-81.7M, Adj. EBITDA $23.2-26.2M; FY22 revenue $310.5-322.5M, Adj. EBITDA $94.5-100.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505155/000150515522000054/0001505155-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505155/000150515522000054/upld-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001505155-22-000054

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