Upland Software (NASDAQ:UPLD – Get Free Report) posted its quarterly earnings results on Wednesday. The software maker reported $1.71 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%. The business had revenue of $47.53 million during the quarter, compared to the consensus estimate of $47.20 million.
Upland Software Stock Up 10.1%
Shares of NASDAQ:UPLD opened at $4.70 on Thursday. The firm’s 50 day moving average price is $3.70 and its 200 day moving average price is $6.38. The stock has a market cap of $13.90 million, a price-to-earnings ratio of -0.33 and a beta of 1.42. Upland Software has a fifty-two week low of $2.75 and a fifty-two week high of $21.50.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on UPLD. Weiss Ratings reiterated a “sell (e+)” rating on shares of Upland Software in a report on Friday, September 25th. Needham & Company LLC reissued a “buy” rating and set a $10.00 target price on shares of Upland Software in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.50.
Read 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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