Oliver Yates
On April 1, 2025, Upland Software, Inc. (the “Company”) eliminated the Chief Sales Officer (“CSO”) position and terminated Oliver Yates, the Company’s CSO, without cause, effective immediately.
Highest-materiality recent filing
Upland Q1 revenue $48.7M (-24% YoY); net loss narrows to $0.09/share; guides FY revenue decline ~9%
Total revenue $48.7M, down 24% YoY; subscription revenue $46.1M, down 23%, mainly from 2025 divestitures.
Upland Software receives Nasdaq bid price deficiency notice; has 180 days to cure
Closing bid price below $1.00 for 30 consecutive business days triggers deficiency letter.
Upland Q4 revenue $49.3M (-28% YoY); GAAP net loss $0.01/share; Adj EBITDA margin 31%
Total revenue $49.3M, down 28% YoY due to divestitures; subscription revenue $46.7M (-27% YoY).
Upland Software CEO John McDonald to retire; Sean Nathaniel named successor effective May 1, 2026
John T. McDonald retires as CEO effective April 30, 2026; remains Chairman of the Board.
Upland Q3 revenue falls 24% to $50.5M; adj EBITDA margin expands to 32% from 21%
Total revenue $50.5M (-24% YoY) due to divestitures; subscription revenue $47.7M (-25%).
Upland Q2 revenue down 23% to $53.4M; Adj EBITDA margin expands to 25%
GAAP net loss of $13.0M ($0.51 EPS loss) vs $11.4M loss prior year; revenue decline due to divestitures.
Upland Software completes $240M debt refinancing with Sound Point Capital, maturity extended to 2031
New $240M term loan matures July 2031; proceeds redeemed $258M prior facility.
President and COO Karen Cummings will retire effective July 31, 2025, with no disagreement with the company.
Upland Q1 revenue $63.7M (-10% YoY); net loss narrows; divests mobile messaging unit
Q1 revenue $63.7M (-10% YoY); GAAP net loss $25.8M vs $96.1M loss a year ago.
Upland Q4 revenue $68M (-6% YoY), net loss narrows; guides 2025 revenue down 11%
Revenue $68.0M (-6% YoY); subscription revenue $64.3M (-6%). GAAP net loss $3.4M vs $16.0M loss in Q4 2023.
Upland Q3 revenue down 10% to $66.7M; net loss narrows to $0.12/share; guides Q4 revenue down 5%
Total revenue $66.7M (-10% YoY); subscription revenue $63.8M (-9% YoY); GAAP net loss $1.7M vs $8.7M loss last year.
Total revenue $69.3M, down 7% YoY; subscription & support $65.5M, down 7%.
Upland Q1 revenue down 8% YoY to $70.7M; guides FY24 revenue down 8% at midpoint
Total revenue $70.7M, down 8% YoY; subscription revenue $67.1M, also down 8%.
On April 1, 2025, Upland Software, Inc. (the “Company”) eliminated the Chief Sales Officer (“CSO”) position and terminated Oliver Yates, the Company’s CSO, without cause, effective immediately.
On January 28, 2025, Matthew Breslin, the Chief Revenue Officer of Upland Software, Inc. (the “Company”), informed the Company that he will resign effective February 7, 2025.
Max materiality 0.80 · Median 0.60 · Most common event earnings