Upland Q3 revenue down 10% to $66.7M; net loss narrows to $0.12/share; guides Q4 revenue down 5%

Upland Software, Inc.

2024-Q3 EPS reported -$4.07 revenue$206,767,000

Total revenue $66.7M (-10% YoY); subscription revenue $63.8M (-9% YoY); GAAP net loss $1.7M vs $8.7M loss last year.
GAAP EPS loss $0.12 vs $0.31 loss in Q3 2023; Adjusted EBITDA $14.0M (21% margin) vs $16.2M (22% margin).
Operating cash flow $4.3M vs $18.3M; free cash flow $4.2M; paid down $177M in Term Loans; cash $59.7M.
Q4 2024 guidance: revenue $65.9-71.9M (midpoint -5% YoY); Adjusted EBITDA $13.4-16.4M (22% margin).
Full year 2024 guidance: revenue $272.6-278.6M (midpoint -7% YoY); Adjusted EBITDA $54.1-57.1M (20% margin, -14% YoY).

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.