Upland Software Expects Q3 Reported Total Revenue To Be $63.2M - $69.2M, Est $67.64M
Portfolio Pulse from Benzinga Newsdesk
Upland Software expects Q3 2024 total revenue to be between $63.2M and $69.2M, with an estimated $67.64M. Adjusted EBITDA is projected to be between $12.5M and $15.5M, reflecting a 13% decrease from the previous quarter.
August 01, 2024 | 9:36 pm
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Upland Software expects Q3 2024 revenue between $63.2M and $69.2M, with Adjusted EBITDA projected to be between $12.5M and $15.5M, a 13% decrease from the previous quarter.
The projected decrease in Adjusted EBITDA by 13% from the previous quarter is likely to be viewed negatively by investors, potentially leading to a short-term decline in Upland Software's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100