Upland Q2 revenue falls 7% to $69.3M; GAAP loss $0.47/share improves from $0.51; guides FY revenue down 7%

Upland Software, Inc.

2024-Q2 EPS reported -$3.92 revenue$140,075,000

Total revenue $69.3M, down 7% YoY; subscription & support $65.5M, down 7%.
GAAP net loss $11.4M vs $15.1M loss in Q2 2023; EPS loss $0.47 vs $0.51.
Adjusted EBITDA $13.6M (20% margin), down from $16.6M (22%) a year ago.
Q3 guidance: revenue $63.2-69.2M (midpoint -11% YoY); FY revenue $269.6-281.6M (-7% YoY).
155 new customers, 275 expansions; cash on hand $232.4M; free cash flow $5.2M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.