secwatch.observer — SEC 8-K summary
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Issuer:     Upland Software, Inc. (UPLD)
CIK:        0001505155
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001505155-25-000085
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upland Q2 revenue down 23% to $53.4M; Adj EBITDA margin expands to 25%
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- GAAP net loss of $13.0M ($0.51 EPS loss) vs $11.4M loss prior year; revenue decline due to divestitures.
- Adjusted EBITDA of $13.6M (25% margin) flat vs $13.6M (20% margin) in Q2 2024.
- Completed post-quarter refinancing: $240M term loan, $30M revolver, maturity July 2031; paid down $18M.
- Q3 2025 guide: revenue $46.8-$52.8M, Adj EBITDA $14.5-$17.5M (32% margin midpoint).
- FY 2025 guide: revenue $211.8-$223.8M, Adj EBITDA $55.8-$61.8M (27% margin midpoint).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505155/000150515525000085/0001505155-25-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505155/000150515525000085/upld-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001505155-25-000085

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