Upland Software, Inc. (NASDAQ:UPLD) provider of cloud-based enterprise work management software, is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.49 per share.
For the full year, analysts predict revenues of $ 278.56 million, while looking forward to income of $ 2.26 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 68.00 million ~ $ 72.00 million
Full Year 2020 topline are forecasted in a range of$ 273.30 million ~ $ 281.30 million
Click Here For More Historical Outlooks Of Upland Software, Inc.
Previous Quarter Performance
Upland Software, Inc. disclosed income for the second quarter of $ 0.60 per share, from the revenue of $ 71.31 million. The quarterly earnings contracted 21.05 percent while revenues raised 34.52 percent compared with the same quarter last year.
Street analysts expected Upland Software, Inc. to report income of $ 0.44 per share on revenue of $ 64.48 million for the second quarter. The bottom line results beat street analysts by $ 0.16 or 36.36 percent, at the same time, top line results outshined analysts by $ 6.83 million or 10.59 percent.
Stock Performance
Shares of Upland Software, Inc. traded up $ 1.70 or 3.71 percent on Wednesday, reaching $ 47.49 with volume of 218.50 thousand shares. Upland Software, Inc. has traded high as $ 47.63 and has cracked $ 44.68 on the downward trend
The closing price of $ 47.49, representing a 120.67 % increase from the 52 week low of $ 20.75 and a 3.86 % decrease over the 52 week high of $ 47.63.
The company has a market capital of $ 1.40 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Upland Software, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website uplandsoftware.com
Upland Software, Inc. provides cloud-based enterprise work management software in the United States, the United Kingdom, Canada, and internationally. The company offers a family of software applications under the Upland brand in the areas of information technology, process excellence, finance, professional services, and marketing.
