Upland Software Q2 2024 Adj. EPS $0.19 Beats $0.13 Estimate, Sales $69.339M Beat $67.132M Estimate
Portfolio Pulse from Benzinga Newsdesk
Upland Software (NASDAQ:UPLD) reported Q2 2024 adjusted EPS of $0.19, beating the estimate of $0.13 by 46.15%. Sales were $69.339M, surpassing the $67.132M estimate by 3.29%, but down 6.92% from last year's $74.497M.
August 01, 2024 | 8:57 pm
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Upland Software reported better-than-expected Q2 2024 earnings and sales, with EPS of $0.19 beating estimates by 46.15% and sales of $69.339M surpassing estimates by 3.29%. However, sales were down 6.92% year-over-year.
The significant beat on EPS and sales estimates is likely to have a positive short-term impact on Upland Software's stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
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