Upland Software (NASDAQ:UPLD) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Upland Software (NASDAQ:UPLD – Get Free Report) posted its quarterly earnings data on Wednesday. The software maker reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.11, FiscalAI reports. Upland Software had a negative net margin of 18.50% and a negative return on equity of 46.06%.

Upland Software Stock Performance

UPLD traded up $0.43 during midday trading on Wednesday, hitting $4.70. The company had a trading volume of 75,218 shares, compared to its average volume of 95,271. The company has a market capitalization of $13.91 million, a PE ratio of 0.57 and a beta of 1.42. Upland Software has a twelve month low of $2.75 and a twelve month high of $21.50. The firm’s 50-day simple moving average is $3.70 and its 200-day simple moving average is $6.38.

Analyst Ratings Changes

UPLD has been the topic of several recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Upland Software in a report on Friday, September 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price objective on shares of Upland Software in a report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $12.50.

View Our Latest Stock Analysis on Upland Software

About Upland Software

(Get Free Report)

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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Earnings History for Upland Software (NASDAQ:UPLD)

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