Upland Software Q2 Adj EPS $0.22 Misses $0.24 Estimate, Sales $74.50M Beat $73.00M Estimate
Portfolio Pulse from vinayak@benzinga.com
Upland Software (NASDAQ:UPLD) reported Q2 earnings of $0.22 per share, missing the analyst consensus estimate of $0.24 by 8.33%. This is a 60% decrease from the same period last year. However, the company's quarterly sales of $74.50 million beat the analyst consensus estimate of $73.00 million by 2.05%, despite being a 7.14% decrease from the same period last year.
August 04, 2023 | 2:21 pm
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Upland Software's Q2 earnings missed estimates, but sales exceeded expectations. This mixed result could lead to uncertainty in the market.
Upland Software's Q2 earnings missed the analyst consensus, which could negatively impact the stock. However, the company's sales beat estimates, which could offset some of the negative impact. The mixed results could lead to uncertainty among investors, potentially causing volatility in the stock price.
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