secwatch.observer — SEC 8-K summary
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Issuer:     Upland Software, Inc. (UPLD)
CIK:        0001505155
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001505155-25-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upland Q4 revenue $68M (-6% YoY), net loss narrows; guides 2025 revenue down 11%
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- Revenue $68.0M (-6% YoY); subscription revenue $64.3M (-6%). GAAP net loss $3.4M vs $16.0M loss in Q4 2023.
- Adjusted EBITDA $14.9M (22% margin), up from $14.1M (19% margin) in prior year.
- Cash on hand $56.4M after $188M debt paydown in 2024; additional $32.9M paydown post-quarter.
- Full year 2025 revenue guidance $231.5-255.5M (-11% YoY midpoint); Adj. EBITDA margin 24% midpoint.
- Divested two non-strategic product lines after year-end; reduces 2025 revenue guide by ~$18M with no Adj. EBITDA impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505155/000150515525000021/0001505155-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505155/000150515525000021/upld-20250312.htm
  HTML page:      https://secwatch.observer/filing/0001505155-25-000021

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