Upland Software (NASDAQ:UPLD – Get Free Report) released its quarterly earnings results on Wednesday. The software maker reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.11, FiscalAI reports. The business had revenue of $47.53 million for the quarter, compared to analyst estimates of $47.20 million. Upland Software had a negative return on equity of 46.06% and a negative net margin of 18.50%.
Upland Software Trading Up 10.1%
UPLD stock opened at $4.70 on Thursday. The stock has a 50-day moving average price of $3.70 and a two-hundred day moving average price of $6.38. The stock has a market cap of $13.90 million, a PE ratio of -0.33 and a beta of 1.42. Upland Software has a 1 year low of $2.75 and a 1 year high of $21.50.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on UPLD shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Upland Software in a research note on Friday, September 25th. Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Upland Software in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.50.
View Our Latest Analysis on UPLD
About Upland Software
Upland Software, Inc is an enterprise software company that develops cloud-based applications for managing work, customer relationships and business processes. Its software is designed to help organizations automate workflows, organize information, improve collaboration and measure operational performance across departments.
Upland’s product portfolio has included solutions for project and portfolio management, enterprise content management, knowledge management, customer experience, customer service, sales enablement, communications and information technology service management.
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