Upland Q1 revenue $63.7M (-10% YoY); net loss narrows; divests mobile messaging unit

Upland Software, Inc.

2025-Q1 EPS reported -$0.97 revenue$63,655,000

Q1 revenue $63.7M (-10% YoY); GAAP net loss $25.8M vs $96.1M loss a year ago.
Adjusted EBITDA $13.1M (21% margin) flat YoY; free cash flow $7.9M vs $4.9M.
Sold mobile messaging product lines post-quarter, lowering FY revenue guidance by ~$25M; Adj EBITDA guidance unchanged.
Q2 revenue guidance $50.3-$56.3M (down 23% YoY); Adj EBITDA $12.1-$15.1M (flat).
FY 2025 Adj EBITDA guidance $55-$64M (up 7% midpoint); margin expected to expand to 27% vs 20% in 2024.

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