Upland Software Q3 Adj EPS $0.33 Beats $0.19 Estimate, Sales $74.12M Beat $73.20M Estimate
Portfolio Pulse from bharat@benzinga.com
Upland Software (NASDAQ:UPLD) reported Q3 earnings of $0.33 per share, beating the analyst consensus estimate of $0.19 by 73.68%. However, this is a 34% decrease from the same period last year. The company also reported quarterly sales of $74.12 million, beating the estimate of $73.20 million by 1.26%, but this is a 6.82% decrease from the same period last year.
November 02, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Upland Software's Q3 earnings and sales beat estimates but decreased compared to last year. This mixed result could lead to uncertain market reactions.
While Upland Software beat estimates for Q3, the decrease in earnings and sales compared to the same period last year could lead to mixed market reactions. Investors may be pleased with the beat but concerned about the year-on-year decrease.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100