Announcement • Apr 29
Upland Software, Inc. to Report Q1, 2026 Results on May 01, 2026 Upland Software, Inc. announced that they will report Q1, 2026 results Pre-Market on May 01, 2026 Announcement • Apr 22
Upland Software, Inc., Annual General Meeting, Jun 03, 2026 Upland Software, Inc., Annual General Meeting, Jun 03, 2026. Location: 900 s. capital of texas highway, las cimas iv, suite 300, texas 78746, austin, United States Announcement • Apr 10
Upland Software, Inc. Receives Notification of Non-Compliance with Nasdaq Listing Rule On April 7, 2026, Upland Software, Inc. (the Company) received a notification letter from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company's common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (Rule 5450(a)(1)). The Nasdaq deficiency letter is a notice of deficiency, not delisting, and does not currently affect the listing or trading of the Company's common stock on the Nasdaq Global Market. The Company's common stock will continue to trade on the Nasdaq Global Market under the symbol UPLD at this time. The Company has 180 days, or until October 5, 2026, to regain compliance with Rule 5450(a)(1) by maintaining a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. If the Company does not regain compliance with Rule 5450(a)(1) by October 5, 2026, the Company may be afforded a second 180 calendar day period to regain compliance. To qualify, the Company would be required to transfer to The Nasdaq Capital Market and meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the deficiency during the second compliance period. If the Staff concludes that the Company will not be able to cure the deficiency, or if the Company does not regain compliance with the minimum bid price requirement within such additional 180 calendar day compliance period, the Staff will provide written notification to the Company that the Company's common stock will be subject to delisting. At that time, the Company may appeal the Staff's delisting determination to a Nasdaq Hearings Panel (Panel). However, there can be no assurance that, if the Company receives a delisting notice and appeals the delisting determination by the Staff to Panel, such appeal would be successful. The Company intends to actively monitor the closing bid price of its common stock and to consider plans for regaining compliance with Rule 5450(a)(1). While the Company plans to review all available options, there can be no assurance that it will be able to regain compliance with the applicable rules during the 180-day compliance period ending on October 5, 2026, any additional compliance period, or at all. Announcement • Mar 30
Upland Software Inc Launches Second Street Text-To-Vote Upland Software, Inc. announced the official launch of Upland Second Street’s Text-to-Vote, a new audience engagement and revenue-driving feature. Designed for publishers, media companies, and news organizations, the Text-to-Vote capability enables users to boost audience participation, streamline mobile-first voting experiences, and unlock new advertiser revenue opportunities through a frictionless SMS workflow. This launch takes place at the 2026 America’s Newspapers Mega-Conference, March 30 - April 1 at the Austin Marriott Downtown, where Second Street serves as a Gold Sponsor. Second Street Text-to-Vote enables media companies to drive higher participation in promotions, such as “Best Of” ballots — citywide competitions where audiences vote for their favorite local businesses — while creating premium sponsorship opportunities for advertisers within high-engagement voting moments. The solution also offers simple, mobile-first workflows that scale easily across multiple markets. During Mega-Conference, Second Street will spotlight Text-to-Vote during the session “Turning ‘Best Of’ Into Big Revenue: Two Proven Growth Plays for Newspapers,” joining leaders from Osteen Publishing Group and Wick Communications. The session demonstrates how enhancements like self-serve ecommerce ads and text-to-vote workflows help newspaper groups generate six-figure revenue gains in markets of all sizes. Mega-Conference offers a platform for thousands of industry leaders to gather and explore revenue strategy, digital transformation, and practical innovations shaping the future of news. To see Text-to-Vote in action, attendees can visit the Second Street Engagement Café on the conference floor to meet the onsite team and explore how engagement programs are becoming revenue engines for publishers nationwide. Announcement • Mar 04
Upland Software, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026 Upland Software, Inc. provided earnings guidance for the first quarter ending March 31, 2026 and full year ending December 31, 2026. For the quarter, the company expects reported total revenue to be between $47.0 million and $50.0 million, including subscription and support revenue to be between $44.8 million and $47.3 million, for a decline in total revenue of 24% at the midpoint from the quarter ended March 31, 2025. This year-over-year revenue decline is primarily due to divestitures completed in First Quarter and Second Quarter of 2025.
For the full year ending December 31, 2026, the company expects reported total revenue to be between $194.2 million and $206.2 million, including subscription and support revenue to be between $183.6 million and $193.7 million, for a decline in total revenue of 8% at the midpoint from the year ended December 31, 2025. This year-over-year revenue decline is primarily due to divestitures completed in First Quarter and Second Quarter of 2025. Announcement • Feb 25
Upland Software, Inc. Announces Chief Executive Officer Changes Upland Software, Inc. announced the appointment of Sean Nathaniel as chief executive officer, effective May 1, 2026. Nathaniel, who held leadership roles at Upland from 2013 to 2020, is returning to the Company after spending four years as president and chief executive officer of DryvIQ, a provider of AI-driven unstructured data management solutions. His prior roles at Upland include chief technology officer and executive vice president of Workflow Automation Solutions. He was also a member of the executive team during the Company’s initial public offering in 2014. Jack McDonald, who founded the Company in 2010 and has served as chairman of the board and chief executive officer since its founding, will continue to serve as chairman of the board. Announcement • Feb 24
Upland Software, Inc. to Report Q4, 2025 Results on Mar 03, 2026 Upland Software, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 03, 2026 Announcement • Feb 11
Upland Panviva's Sidekick Unveils AI Conversational Search to Elevate Enterprise Knowledge Upland Software, Inc. announced the launch of AI Conversational Search for Upland Panviva Sidekick, a browser-based assistant that transforms how enterprises retrieve knowledge. By combining natural language processing with trusted organizational data, this release solves the critical challenge of balancing AI efficiency with strict regulatory compliance. Panviva Sidekick's new AI Conversational Search allows frontline agents - from credit union bank tellers to healthcare patient access directors - to ask questions in plain English, just as they would a colleague, and receive immediate, accurate responses to questions. The tool builds upon an organization's existing, human-approved, compliance-driven knowledge base by leveraging a hybrid model of Retrieval Augmented Generation and Large Language Models. This approach significantly reduces the risk of AI hallucinations common in open-ended models, ensuring that agents in highly regulated sectors such as healthcare, finance, and utilities receive only verified, policy-compliant information. Security and governance remain a central focus of Panviva's latest release. Unlike broad AI tools that may expose sensitive data, Sidekick respects existing permission structures. Agents are only served answers derived from content they are authorized to view. This distinct "human-in-the-loop" architecture ensures that while AI accelerates information retrieval, the accuracy and compliance of the answers are reviewed and approved by the organization's subject matter experts. AI Conversational Search functionality is embedded directly into the Sidekick browser extension, available for Chrome and Edge with no coding required. Agents can access AI search functionality, so they can ask and receive answers without leaving their CRM or web-based applications. By delivering easily digestible summaries and direct answers to agents' fingertips, Sidekick significantly reduces average handling times, enhances agent onboarding and training, and aligns with growing customer expectations. Upland's AI Conversational Search for Panviva Sidekick is driving the next era of AI-enabled knowledge delivery for frontline workers in high-stakes, regulated environments. By combining AI-driven efficiency with robust compliance and security, organizations can confidently adapt to evolving policies and rising customer expectations. Announcement • Feb 04
Upland Software, Inc. Announces the Upland BA Insight Platform Upland Software, Inc. announced the Upland BA Insight Platform, reflecting a strategic investment in AI innovation. The new BA Insight Platform - incorporating the product's SmartHub, ConnectivityHub, AutoClassifier, Smart Preview, and Connectors - delivers search experiences that are more connected, more contextual, and more actionable. This launch reinforces the company's goal of empowering complex organizations with smarter, more integrated search capabilities for both traditional enterprise and next-generation AI environments. With this launch, BA Insight introduces new innovations and enhancements designed to make search experiences smarter, faster, and more insightful across complex enterprises. Key features include: Knowledge Graphs to deliver deeper, connected, and more contextualized insights by mapping relationships across complex datasets; Agentic Retrieval-Augmented Generation (RAG) to provide more accurate answers to complex questions through conversational AI interfaces; Amazon Q Business Integration to enable users to connect and perform generative actions against organizational content via the seamless AI-powered assistant. These capabilities underscore BA Insight's focus on enabling enterprise customers to leverage AI-driven search experiences securely and efficiently, while still retaining the ability to utilize traditional search experiences. Additionally, BA Insight's collaboration with Amazon Web Services (AWS) is central to the team's mission of delivering intelligent, secure, and scalable AI-driven search solutions. With the latest platform release, BA Insight introduces native integrations with Amazon Q Business and AWS generative AI assistant, enabling organizations to unlock conversational search and gain actionable insights across all content sources, securely and at scale. By working closely with AWS, BA Insight ensures customers benefit from seamless deployment, robust security, and continuous innovation, empowering organizations to maximize the value of their information and accelerate their AI journey. Announcement • Nov 08
Upland Software, Inc. Provides Earnings Guidance for the Fourth Quarter and Year Ending December 31, 2025 Upland Software, Inc. provided earnings guidance for the fourth quarter and year ending December 31, 2025. For the quarter ending December 31, 2025, Upland expects reported total revenue to be between $46.4 and $52.4 million, including subscription and support revenue between $44.1 and $49.1 million, for a decline in total revenue of 27% at the midpoint from the quarter ended December 31, 2024. This year-over-year revenue decline is primarily due to divestitures completed earlier this year.
For the full year ending December 31, 2025, Upland expects reported total revenue to be between $214.0 and $220.0 million, including subscription and support revenue between $202.5 and $207.5 million, for a decline in total revenue of 21% at the midpoint from the year ended December 31, 2024. This year-over-year revenue decline is primarily due to divestitures completed earlier this year. Announcement • Oct 24
Upland Software, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Upland Software, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025 Announcement • Aug 18
Upland Software, Inc. (NasdaqGM:UPLD) announces an Equity Buyback for $10 million worth of its shares. Upland Software, Inc. (NasdaqGM:UPLD) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The authorization does not have a specified expiration date. Announcement • Jul 31
Upland Software, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025 and Full Year Ending December 31, 2025 Upland Software, Inc. provided earnings guidance for the third quarter ending September 30, 2025 and full year ending December 31, 2025. For the third quarter ending September 30, 2025, the company expects reported total revenue to be between $46.8 million and $52.8 million, including subscription and support revenue between $44.6 million and $49.6 million, for a decline in total revenue of 25% at the midpoint from the quarter ended September 30, 2024. This year-over-year revenue decline is primarily due to divestitures completed to streamline and focus business.
For the full year ending December 31, 2025, the company expects reported total revenue to be between $211.8 million and $223.8 million, including subscription and support revenue between $200.0 million and $210.0 million, for a decline in total revenue of 21% at the midpoint from the year ended December 31, 2024. This year-over-year revenue decline is primarily due to divestitures completed to streamline and focus our business. Announcement • Jul 25
Upland Software, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Upland Software, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Announcement • Jul 24
Upland Software, Inc. Announces the Availability of Upland BA Insight in the New AWS Marketplace AI Agents and Tools Category Upland Software, Inc. announced the availability of Upland BA Insight in the new AI Agents and Tools category of AWS Marketplace. Customers can now use AWS Marketplace to easily discover, buy, and deploy AI agents solutions, including BA Insight's AI enablement and enterprise search platform using their AWS accounts, accelerating agent and agentic workflow development. BA Insight helps organizations to build secure access from their enterprise knowledge, prepare and enrich that knowledge, and deliver it in a transparent, scalable way. This enables customers to maximize the value of theirgenerative AI deployments with world-class search, enrichment, connection, and augmentation. BA Insight delivers essential capabilities, including 95+ connectors that securely connect enterprise knowledge into AWS tooling and knowledge enrichment tooling to improve data quality before AI consumption. These features enable customers to connect enterprise applications to AWS technology hassle-free, improve data quality and AI output with enrichment, and maximize the return on investment in AI agents and tools. With the availability of AI Agents and Tools in AWS Marketplace, customers can significantly accelerate their procurement process to drive AI innovation, reducing the time needed for vendor evaluations and complex negotiations. With centralized purchasing using AWS accounts, customers maintain visibility and control over licensing, payments, and access through AWS. Announcement • May 10
Upland Software, Inc. to Report Q1, 2025 Results on May 12, 2025 Upland Software, Inc. announced that they will report Q1, 2025 results Pre-Market on May 12, 2025 Announcement • Apr 22
Upland Software, Inc., Annual General Meeting, Jun 04, 2025 Upland Software, Inc., Annual General Meeting, Jun 04, 2025. Location: 401 congree ave, suite 1850, texas 78701, austin United States Announcement • Mar 12
Upland Software, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2025 and Full Year Ending December 31, 2025 Upland Software, Inc. provides earnings guidance for the first quarter ending March 31, 2025 and full year ending December 31, 2025. For the first quarter ending March 31, 2025, Upland expects reported total revenue to be between $59.0 and $65.0 million, including subscription and support revenue between $56.4 and $61.4 million, for a decline in total revenue of 12% at the midpoint from the quarter-ended March 31, 2024.
For the full year ending December 31, 2025, Upland expects reported total revenue to be between $231.5 and $255.5 million, including subscription and support revenue between $218.0 and $238.0 million, for a decrease in total revenue of 11% at the midpoint from the year ended December 31, 2024. Announcement • Mar 11
Upland Software, Inc. to Report Q4, 2024 Results on Mar 12, 2025 Upland Software, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 12, 2025 Announcement • Feb 21
Upland Panviva Launches Sidekick, an Ai-Powered Agent Assistant Upland Software, Inc. announced that Upland Panviva has launched Sidekick, a modern way to deliver compliant and contextualized knowledge to agents, the superheroes of contact centers. As a trusted leader in highly regulated industries, Panviva delivers next-generation, AI-powered guidance for complex and compliance-driven organizations. Panviva offers flexible solutions that meet customers' omnichannel needs, such as integrations with chatbots, AI agents, and CRMs. With the power of GenAI curation that is approved by business experts, organizations can deliver real-time recommendations when agents and customers need it most. As an out-of-the-box assistant, Panviva Sidekick allows agents to seamlessly utilize the power of AI search and spend more time listening to customers, providing critical real-time guidance that instantly improves customer experience. Sidekick's capabilities include the following: AI Search: Sophisticated, cutting-edge search that bridges Panviva Sidekick and your team's existing knowledge; Smart Snippets: AI-generated summarized snippets from Panviva's curation platform, Digital Orchestrator; Sleek Interface: Easy-to-use browser extension created with the modern agents' needs top of mind. Building on Panviva's 20+ years of knowledge management expertise, Panviva Sidekick solidifies the product's impact on the next generation of agent guidance by utilizing Smart Snippets and AI search. Panviva Sidekick is channel-specific, audience-specific, and dynamic, helping customers add tags to capture competency and enabling multifed results to change based on the metadata added. Announcement • Feb 12
Upland Adestra Audiences Unlocks Data Discovery and Precise Targeting Capabilities for Marketers Upland Software, Inc. announced a massive leap forward in Upland Adestra's data-driven analytics with the launch of Audiences. The new capabilities bring the power of 'train of thought' analytics to email marketers and email data analysts, enabling them to build greater intelligence and maximize campaign performance. Building on Adestra's strong legacy of email marketing and deliverability expertise, its new cutting-edge data capabilities prompt marketing and data professionals to answer critical questions around who their best customers are, exploring new audience segments, motivating prospects, increasing subscribers, and lead engagement. Adestra's Audiences includes the following capabilities: Identify Key Segments: Visualize, identify, and target meaningful segments - using drag and drop charts, tables, and Venn diagrams - for precisely tailored, relevant campaigns that drive high engagement and conversion rates. Uncover Critical Buying patterns: Build a strategic view by analyzing customer touchpoints to discover what key behaviors, characteristics, or factors are displayed in driving customer retention and loyalty. Explore Actionable Insights: Rather than follow a predefined path, explore and ask a series of questions within data for ultra-personalization or future trend prediction to continuously optimize email campaigns. Maximize ROI: Allocate campaign resources more efficiently and yield the highest possible ROI by using derived data to give messages the winning edge in a crowded inbox. Now supercharged with data-driven capabilities, Adestra's Audiences delivers unmatched intelligence andraz-sharp targeting precision for Adestra customers. Empowering marketers with groundbreaking features for data exploration, visualization and audience creation, the features maximize sales potential with high-performing, ultra-targeted campaigns. This significantly elevates marketing efficiency with enhanced email and data collaboration. Reported Earnings • Nov 09
Third quarter 2024 earnings released: US$0.12 loss per share (vs US$0.31 loss in 3Q 2023) Third quarter 2024 results: US$0.12 loss per share (improved from US$0.31 loss in 3Q 2023). Revenue: US$66.7m (down 10.0% from 3Q 2023). Net loss: US$3.14m (loss narrowed 69% from 3Q 2023). Revenue is expected to decline by 3.8% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Announcement • Nov 08
Upland Software, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2024 Upland Software, Inc. provided earnings guidance for the Fourth quarter and full year ending December 31, 2024. For the quarter, the company expects total revenue to be between $65.9 million and $71.9 million, including subscription and support revenue between $60.2 and $65.2 million, for a decline in total revenue of 5% at the mid-point from the quarter-ended December 31, 2023.
For the full year ending December 31, 2024, Upland expects reported total revenue to be between $272.6 and $278.6 million, including subscription and support revenue between $256.6 and $261.6 million, for a decline in total revenue of 7% at the mid-point from the year ended December 31, 2023. Announcement • Oct 24
Upland Software, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Upland Software, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Recent Insider Transactions • Aug 14
Founder recently bought €180k worth of stock On the 9th of August, John McDonald bought around 100k shares on-market at roughly €1.80 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Announcement • Aug 07
Upland BA Insight Now Available in the Microsoft Azure Marketplace Upland Software Inc. announced the availability of Upland BA Insight for Microsoft Azure AI Search in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. BA Insight customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. Built on Microsoft Azure AI Search, BA Insight for Azure AI Search combines the BA Insight user experience platform, BA Insight SmartHub, with over 90 Connectors. The solution securely brings user data into Azure AI Search and delivers intelligent, actionable content search experiences, without bouncing between multiple systems looking for the right information. BA Insight is a robust enterprise AI search solution and a catalyst for AI evolution. Leveraging advanced search, machine learning, and natural language processing, the solution harnesses unstructured data and content, expediting retrieval, cutting down manual efforts, and significantly increasing user productivity. Backed by over a decade of expertise, BA Insight delivers a mature AI enterprise search solution, seamlessly integrating with diverse repositories and knowledge systems. The offering enables customers to consolidate scattered data sources and ensure only wanted data is fed into the generative AI engine. Reported Earnings • Aug 04
Second quarter 2024 earnings released: US$0.47 loss per share (vs US$0.51 loss in 2Q 2023) Second quarter 2024 results: US$0.47 loss per share (improved from US$0.51 loss in 2Q 2023). Revenue: US$69.3m (down 6.9% from 2Q 2023). Net loss: US$12.8m (loss narrowed 22% from 2Q 2023). Revenue is expected to decline by 4.0% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 10%. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. Announcement • Aug 02
Upland Software, Inc. Provides Earnings Guidance for the Third Quarter and Full Year Ending December 31, 2024 Upland Software, Inc. provided earnings guidance for the third quarter and full year ending December 31, 2024. For the quarter, the company expected
total revenue to be between $63.2 and $69.2 million, including subscription and support revenue between $60.1 and $65.1 million, for a decline in total
revenue of 11% at the mid-point from the quarter-ended September 30, 2023.
For the full year ending December 31, 2024, Upland expects reported total revenue to be between $269.6 and $281.6 million, including subscription and support revenue between $254.1 and $264.1 million, for a decline in total revenue of 7% at the mid-point from the year ended December 31, 2023. Announcement • Jul 18
Upland Software, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Upland Software, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Announcement • May 31
Upland Software, Inc. Files Form 15 Upland Software, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.0001 per share. Announcement • May 18
Upland Software, Inc. Announces That Upland Qvidian Continues to Enhance the Response and Proposal Process with Its New Generative Ai Model, Qvidian AI Assist Upland Software, Inc. announced that Upland Qvidian continues to enhance the response and proposal process with its new generative AI model, Qvidian AI Assist. A leader in the RFP and proposal automation industry, Qvidian is dedicated to helping teams easily uncover the right responses and quickly create stand-out proposals and RFx responses with this beta release of powerful generative AI features. Qvidian AI Assist builds on the already powerful machine-learning features of Qvidian to enhance users’ experiences, streamline processes, and supercharge their productivity. New generative AI features introduced for Qvidian’s users include: Enhancing AutoFill results with generative AI: Automatic answering is at the heart of Qvidian’s automation efforts. Qvidian AI Assist automatically analyzes the context of proposals and responses, generating relevant content suggestions. Users can easily see these new AI-generated responses listed in AutoFill results and insert them into their proposal or response. Easily revising and answering with generative AI: Users can quickly get a jumpstart on content creation or customization to fit customer’s needs and preferences. With generative AI, users can tweak and fine-tune wording, incorporate additional information, and effortlessly revise and refine answers. Improving accuracy and consistency with automatic flagging of AI-generated content: Qvidian AI Assist automatically flags any AI-generated content to ensure that users are delivering consistent and compliant responses. Getting started faster with pre-made generative AI prompts: Qvidian AI Assist comes preloaded with prompted guidance and suggestions to help users revise content in a variety of ways. Additionally, users can enter their own prompts, save them to reuse later, and share with other users and roles. With Qvidian AI Assist, Qvidian continues its 40+ year trend of staying on the cutting-edge of the response proposal automation industry, giving businesses the tools and features they need to generate unique and customized responses in seconds, improving productivity and winning more business. New Risk • May 03
New major risk - Revenue and earnings growth Earnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€52.3m market cap, or US$56.3m). Reported Earnings • May 03
First quarter 2024 earnings released: US$3.37 loss per share (vs US$4.38 loss in 1Q 2023) First quarter 2024 results: US$3.37 loss per share (improved from US$4.38 loss in 1Q 2023). Revenue: US$70.7m (down 8.2% from 1Q 2023). Net loss: US$97.5m (loss narrowed 31% from 1Q 2023). Revenue is expected to decline by 4.3% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 9.8%. Announcement • Apr 28
Upland Software, Inc., Annual General Meeting, Jun 05, 2024 Upland Software, Inc., Annual General Meeting, Jun 05, 2024, at 11:00 Central Daylight. Location: 401 Congress Avenue, Suite 1850, Austin Texas United States Agenda: To elect two Class I directors to serve on the board of directors until 2027 annual meeting of stockholders, or until a successor is duly elected and qualified; to ratify the selection of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; to vote on a non-binding advisory basis to approve the compensation of named executive officers; to vote to approve the adoption of the company 2024 Omnibus Incentive Plan; to vote to approve the adoption of the 2024 Tax Benefit Preservation Plan; and to consider other matters. Announcement • Apr 20
Upland Software, Inc. to Report Q1, 2024 Results on May 02, 2024 Upland Software, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 02, 2024 New Risk • Feb 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$45m net loss in 2 years). Market cap is less than US$100m (€72.6m market cap, or US$78.8m). New Risk • Feb 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €75.2m (US$81.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$45m net loss in 2 years). Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (€75.2m market cap, or US$81.4m). Reported Earnings • Feb 23
Full year 2023 earnings released: US$5.78 loss per share (vs US$2.23 loss in FY 2022) Full year 2023 results: US$5.78 loss per share (further deteriorated from US$2.23 loss in FY 2022). Revenue: US$297.9m (down 6.1% from FY 2022). Net loss: US$185.2m (loss widened 164% from FY 2022). Revenue is expected to decline by 3.8% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 9.3%. Over the last 3 years on average, earnings per share has fallen by 50% per year whereas the company’s share price has fallen by 52% per year. Announcement • Feb 23
Upland Software, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024 Upland Software, Inc. provided earnings guidance for the first quarter ending March 31, 2024 and full year ending December 31, 2024. For the quarter ending March 31, 2024, Upland expects reported total revenue to be between $65.0 and $71.0 million, including subscription and support revenue between $62.5 and $67.5 million, for a decline in total revenue of 12% at the mid-point from the quarter-ended March 31, 2023. For the full year ending December 31, 2024, Upland expects reported total revenue to be between $259.0 and $283.0 million, including subscription and support revenue between $247.0 and $267.0 million, for a decline in total revenue of 9% at the mid-point from the year ended December 31, 2023. Announcement • Feb 09
Upland Software, Inc. to Report Q4, 2023 Results on Feb 22, 2024 Upland Software, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 Announcement • Jan 31
Upland Software, Inc. Announces Executive Changes Effective January 25, 2024, Upland Software, Inc. has promoted Karen Cummings to President and Chief Operating Officer of the Company. Ms. Cummings, age 59, was most recently the Executive Vice President and Senior General Manager of the Company since March 2021. Previously, Ms. Cummings was Senior Vice President and General Manager of the Company from October 2005 to March 2021. She earned a bachelor’s degree in Applied Mathematics and Computer Science from the State University of New York at Buffalo. There are no family relationships between Ms. Cummings and any other director or executive officer of the Company, and Ms. Cummings has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. In connection with Ms. Cummings promotion, on January 29, 2024, the Compensation Committee of the Board unanimously approved Amendment No. 1 to that certain Executive Employment Agreement, dated December 16, 2022. The Cummings Amendment shall be effective January 30, 2024 (the “Effective Date”). Under the Cummings Amendment, the Company agreed that, among other things: Ms. Cummings base salary will be increased, effective January 1, 2024, to $375,000; any equity grants granted to Ms. Cummings at or prior to the Effective Date shall vest in full on June 30, 2025, subject to Ms. Cummings continuing as a Service Provider through such date; and if the Company terminates Ms. Cumming’s employment without Cause (as defined in the Cummings Agreement) or if Ms. Cummings terminates her employment for Good Reason (as defined in the Cummings Agreement), then she shall be entitled to acceleration of any then outstanding unvested equity awards which were granted to Ms. Cummings at or prior to the Effective Date. On January 25, 2024, the Company has unanimously approved the appointment of Matt Breslin to Chief Revenue Officer of the Company, effective February 6, 2024. Mr. Breslin, age 55, was previously an Executive Vice President at Infor where he worked for over 9 years. He earned a bachelor’s degree in Business Administration in Accounting from the University of Notre Dame and an MBA from Northwestern University – Kellogg School of Management. Announcement • Dec 09
Upland Software, Inc. Announces Board Changes, Effective January 1, 2024 The Board of Directors (the ‘Board’) and the executive team of Upland Software, Inc. On December 5, 2023, director Joe Ross notified the Company of his resignation as a member of the Board, effective January 1, 2024. Mr. Ross was a Class II director and served as a member of the Nominating and Corporate Governance Committee of the Board. Mr. Ross’ decision was not the result of any disagreement with the Company or the Board. The Company thanks Mr. Ross for his service on the Board since 2017. On December 5, 2023, the Board appointed Tim Mattox to the Board as a Class II director, effective January 1, 2024, to fill the vacancy created by Mr. Ross’ resignation. Since April 2021, Mr. Mattox has served as a strategic advisor to the Company. Mr. Mattox was previously the President and Chief Operating Officer of the Company from February 2015 to April 2021. Prior to holding both roles, Mr. Mattox served as Chief Operating Officer since July 2014. Before joining the Company, Mr. Mattox was at Dell, Inc. for approximately 15 years, holding executive roles in strategy, operations and marketing. He ran worldwide enterprise product management and drove Dell's global enterprise product performance. Mr. Mattox also ran Dell's corporate strategy, reporting to the CEO for two years as part of the executive leadership team, as well as led worldwide product marketing for all of Dell's desktops, notebooks and workstations for both the corporate and consumer market. Prior to Dell, Mr. Mattox worked for Bain & Company and Oracle Corporation. Mr. Mattox holds BS/MS degrees in electrical engineering and computer science from MIT and an MBA from Stanford's Graduate School of Business. There is no arrangement or understanding with any person pursuant to which Mr. Mattox was appointed as a member of the Board. There are also no family relationships between Mr. Mattox and any director or executive officer of the Company. In his role as a strategic advisor to the Company, Mr. Mattox has received approximately $280,000 in compensation, inclusive of the grant date fair value of equity awards, since January 1, 2022. As of January 1, 2024 he will no longer be compensated as a strategic advisor and will only receive his board compensation. As a result of his prior service to the Company, Mr. Mattox does not meet the requirements to be deemed an independent director under Nasdaq rules and will not serve on any committees of the board. David May will replace Mr. Ross on the Company’s Nominating and Corporate Governance Committee effective January 1, 2024. Recent Insider Transactions • Nov 24
Independent Director recently sold €83k worth of stock On the 21st of November, Stephen Courter sold around 20k shares on-market at roughly €4.06 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €57k more than they bought in the last 12 months. Recent Insider Transactions • Nov 12
Chief Product Officer recently sold €63k worth of stock On the 7th of November, Daniel Doman sold around 14k shares on-market at roughly €4.50 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €26k more than they sold in the last 12 months. Announcement • Nov 03
Upland Software, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2023 Upland Software, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2023. For the quarter, the company expects reported total revenue to be between $69.0 million and $75.0 million, including subscription and support revenue between $65.5 million and $70.5 million, for a decline in total revenue of 9% at the mid-point over the quarter-ended December 31, 2022.For the full year ending December 31, 2023, the company expects reported total revenue to be between $294.7 million and $300.7 million, including subscription and support revenue between $278.9 million and $283.9 million, for a decline in total revenue of 6% at the mid-point over the year ended December 31, 2022. Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.31 loss per share (vs US$0.22 loss in 3Q 2022) Third quarter 2023 results: US$0.31 loss per share (further deteriorated from US$0.22 loss in 3Q 2022). Revenue: US$74.1m (down 6.8% from 3Q 2022). Net loss: US$10.0m (loss widened 42% from 3Q 2022). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Software industry in Germany are expected to grow by 7.9%. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Announcement • Oct 20
Upland Software, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Upland Software, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Announcement • Aug 17
Upland Introduces New Relationship and Insight Mapping Technology for B2b Sales Organizations Upland Software, Inc. introduces Altify Insights, a first-to-market solution designed to reduce sales cycles and increase win rates for B2B sales organizations. With Altify Insights, sellers can visualize who key decision makers are, actualize effective relationship strategies, and leverage powerful out-of-the-box templates to engage prospects and surface key buyer insights, all natively within Salesforce. Altify Insights includes two core capabilities: Relationship Map and Insight Map. When combined, these powerful capabilities enable sales teams to: Generate insights to focus on winnable deals. Identify key decision makers and business problems, enable greater visibility, and create strategic opportunity plans to guide sellers toward closing. Get Salesforce-native software seamless value. Guide sellers with contextual actions, insights, and best practices within Salesforce. Align your extended revenue team. Unite sales, marketing, and customer success with a single customer view to enable better collaboration, uncover gaps, and grow revenue. New Risk • Aug 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €87.8m (US$96.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$40m net loss in 2 years). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (€87.8m market cap, or US$96.7m). Reported Earnings • Aug 04
Second quarter 2023 earnings released: US$0.51 loss per share (vs US$0.52 loss in 2Q 2022) Second quarter 2023 results: US$0.51 loss per share. Revenue: US$74.5m (down 7.1% from 2Q 2022). Net loss: US$16.5m (flat on 2Q 2022). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Software industry in Germany are expected to grow by 7.1%. Reported Earnings • Aug 04
Second quarter 2023 earnings released: US$0.51 loss per share (vs US$0.52 loss in 2Q 2022) Second quarter 2023 results: US$0.51 loss per share. Revenue: US$74.5m (down 7.1% from 2Q 2022). Net loss: US$16.5m (flat on 2Q 2022). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Software industry in Germany are expected to grow by 7.1%. Announcement • Aug 04
Upland Software, Inc. Provides Earnings Guidance for the Quarter Ending September 30, 2023 and Full Year Ending December 31, 2023 Upland Software, Inc. provided earnings guidance for the quarter ending September 30, 2023 and full year ending December 31, 2023. For the quarter, the company expected total revenue to be between $70.4 and $76.4 million, including subscription and support revenue between $65.5 and $70.5 million, for a decline in total revenue of 8% at the mid-point over the quarter-ended September 30, 2022.For the full year, the company expected reported total revenue to be between $292.1 and $304.1 million, including subscription and support revenue between $274.0 and $284.0 million, for a decline in total revenue of 6% at the mid-point over the year ended December 31, 2022. Announcement • Jul 23
Upland Software, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Upland Software, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Reported Earnings • May 05
First quarter 2023 earnings released: US$4.38 loss per share (vs US$0.73 loss in 1Q 2022) First quarter 2023 results: US$4.38 loss per share (further deteriorated from US$0.73 loss in 1Q 2022). Revenue: US$77.1m (down 2.1% from 1Q 2022). Net loss: US$141.4m (loss widened US$118.5m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Mar 20
Founder recently bought €89k worth of stock On the 13th of March, John McDonald bought around 20k shares on-market at roughly €4.45 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of €969k worth in shares. Reported Earnings • Feb 24
Full year 2022 earnings released: US$2.23 loss per share (vs US$1.92 loss in FY 2021) Full year 2022 results: US$2.23 loss per share (further deteriorated from US$1.92 loss in FY 2021). Revenue: US$317.3m (up 5.1% from FY 2021). Net loss: US$70.3m (loss widened 21% from FY 2021). Revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 7.8%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Upland Software, Inc. to Report Q4, 2022 Results on Feb 23, 2023 Upland Software, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Reported Earnings • Nov 05
Third quarter 2022 earnings released: US$0.22 loss per share (vs US$0.36 loss in 3Q 2021) Third quarter 2022 results: US$0.22 loss per share (improved from US$0.36 loss in 3Q 2021). Revenue: US$79.5m (up 4.6% from 3Q 2021). Net loss: US$7.06m (loss narrowed 36% from 3Q 2021). Revenue is forecast to stay flat during the next 2 years compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Upland Software, Inc. Provides Revenue Guidance for Fourth Quarter and Full Year Ending December 31, 2022 Upland Software, Inc. provided revenue guidance for fourth quarter and full year ending December 31, 2022. For the quarter, the company expects reported total revenue to be between $74.1 million and $80.1 million.For the full year, the company expects total revenue to be between $312.6 million and $318.6 million. Announcement • Oct 21
Upland Software, Inc. to Report Q3, 2022 Results on Nov 03, 2022 Upland Software, Inc. announced that they will report Q3, 2022 results After-Market on Nov 03, 2022 Announcement • Oct 13
Upland Rightanswers Introduces A New Dynamic Way to Access and Capture Knowledge Across the Enterprise Upland Software, Inc. has announced the release of RightAnswers X, a browser extension that powers the RightAnswers connected knowledge experience, seamlessly unlocking the possibility to deliver knowledge to every corner of the enterprise through AI-powered centralized search. RightAnswers X breaks down the siloes that traditional knowledge management programs have created. The latest feature from RightAnswers provides companies a departure from the traditional centralized knowledge approach of having knowledge restricted to a handful of applications. With RightAnswers X customers can encourage their experts to contribute and source knowledge from anywhere their browser takes them. Capabilities of RightAnswers X include: Simplified set up makes knowledge sharing as easy as installing an extension and enabling the out-of-the-box configurations to activate RightAnswers X in the browser-based application or website required. In-app knowledge capture is made easy when people find information that needs to be added to the knowledgebase, simply highlight the text, and start creating an article in seconds. Expanded integration capabilities enable customer service teams, service desks, HR, and other operations teams to integrate directly into their day-to-day tools, ensuring the right answer gets to the right person at the right time every time. Centralized search powered by AI allows users to search all content sources and return results in a single view. Recent Insider Transactions • Aug 13
Chief Business Officer recently sold €184k worth of stock On the 9th of August, Ian Burk sold around 17k shares on-market at roughly €10.96 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €251k more than they bought in the last 12 months. Reported Earnings • Aug 04
Second quarter 2022 earnings released: US$0.52 loss per share (vs US$0.63 loss in 2Q 2021) Second quarter 2022 results: US$0.52 loss per share (up from US$0.63 loss in 2Q 2021). Revenue: US$80.2m (up 5.2% from 2Q 2021). Net loss: US$16.4m (loss narrowed 14% from 2Q 2021). Over the next year, revenue is forecast to grow 4.5%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Announcement • Aug 04
Upland Software, Inc. Provides Revenue Guidance for the Quarter Ending September 30, 2022 and Year Ending December 31, 2022 Upland Software, Inc. provided revenue guidance for the quarter ending September 30, 2022 and year ending December 31, 2022. Upland expects reported total revenue to be between $75.7 million and $91.7 million, including subscription and support revenue between $70.8 and $76.2 million, for growth in total revenue of 3% at the mid-point over the quarter-ended September 30, 2021.For the full year ending December 31, 2022, Upland expects reported total revenue to be between $310.5 and $322.5 million, including subscription and support revenue between $290.4 and $301.2 million, for growth in total revenue of 5% at the mid-point over the year ended December 31, 2021. Announcement • Jul 16
Upland Software, Inc. announced that it expects to receive $115 million in funding from HGGC, LLC Upland Software, Inc. announced that it has entered into definitive agreement for the private placement of convertible preferred stock issued at a premium for gross proceeds of $115 million on July 14, 2022. The transaction will include participation from new investor, HGGC, LLC. The convertible preferred stock is convertible into shares at a conversion price of $17.50 per share, representing a premium of 30% over company's closing price on July 13, 2022. The preferred stock carries a 4.5% dividend, which will be payable at the company’s option in cash or in-kind. As part of the transaction, David Chung of HGGC, LLC will join as new director to company's board. The transaction is expected to close promptly following the satisfaction of customary terms and conditions, including the expiration of the Hart-Scott-Rodino Act notice period. Reported Earnings • May 06
First quarter 2022 earnings released: US$0.73 loss per share (vs US$0.69 loss in 1Q 2021) First quarter 2022 results: US$0.73 loss per share (down from US$0.69 loss in 1Q 2021). Revenue: US$78.7m (up 6.4% from 1Q 2021). Net loss: US$22.8m (loss widened 10% from 1Q 2021). Over the next year, revenue is forecast to grow 5.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Announcement • May 05
Upland Software, Inc. Provides Earnings Guidance for the Quarter Ending June 30, 2022 and Full Year Ending December 31, 2022 Upland Software, Inc. provided earnings guidance for the quarter ending June 30, 2022 and full year ending December 31, 2022. For the quarter ending June 30, 2022, Upland expects reported total revenue to be between $77.5 and $81.5 million, including subscription and support revenue between $72.7 and $76.3 million, for growth in total revenue of 4% at the mid-point over the quarter-ended June 30, 2021. For the full year ending December 31, 2022, Upland expects reported total revenue to be between $313.0 and $329.0 million, including subscription and support revenue between $293.1 and $307.5 million, for growth in total revenue of 6% at the mid-point over the year ended December 31, 2021. Announcement • May 02
Upland Software, Inc., Annual General Meeting, Jun 08, 2022 Upland Software, Inc., Annual General Meeting, Jun 08, 2022, at 11:00 Central Standard Time. Location: 401 Congress Avenue, Suite 1850 Austin Texas United States Agenda: To elect two Class II directors to serve on the board of directors until 2025 annual meeting of stockholders, or until a successor is duly elected and qualified; to ratify the selection of Ernst & Young, LLP as independent registered public accounting firm for the fiscal year ending December 31, 2022; to vote on an advisory basis to approve the compensation of named executive officers; and to transact such other business as may properly come before the annual meeting or any adjournments or postponements thereof. Announcement • Apr 21
Upland Software, Inc. to Report Q1, 2022 Results on May 04, 2022 Upland Software, Inc. announced that they will report Q1, 2022 results After-Market on May 04, 2022 Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$1.92 loss per share (up from US$1.92 loss in FY 2020). Revenue: US$302.0m (up 3.5% from FY 2020). Net loss: US$58.2m (loss widened 14% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.9%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Feb 11
Upland Software, Inc. to Report Q4, 2021 Results on Feb 24, 2022 Upland Software, Inc. announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Announcement • Dec 10
Upland Software, Inc. Announces the Release of Cimpl Cloud Upland Software, Inc. announced the release of Cimpl Cloud, a new capability from its Cimpl product built to help customers reduce cost in their complex cloud environments, minimize security vulnerabilities, and increase compliance measures. With Cimpl Cloud, technology expense management customers have clear visibility into their cloud inventory so they can quickly gain control of their cloud spend across the organization including cost allocation, invoicing, and chargebacks. As more companies migrate their infrastructure to the cloud, one of their top challenges is controlling costs. In fact, Gartner reported that approximately 80% of organizations say they’re currently exceeding their cloud budget. With Cimpl Cloud, organizations can efficiently see what they have, what they are paying for, and what they are using, all from a central location. Features of Cimpl Cloud include: Optimize Cloud Costs: Provides total visibility into cloud services and spend in a single cloud or multi-cloud (e.g., AWS, Microsoft Azure, Google Cloud) environment. Secure Dynamic Cloud Environments: Allows comparison of cloud infrastructure to over 600 security best practice checks and identifies security vulnerabilities with multiple points of entry. Maintain Compliance Standards and Control: Leverages 35+ compliance frameworks and detailed reporting to ensure the highest governance standards. Manage and Allocate Costs: Allocates cloud costs back to the business (the relative amount each team is using within the business) and enables issuing show backs or chargebacks to specific teams. Recent Insider Transactions • Nov 23
Executive VP recently sold €67k worth of stock On the 18th of November, Kinloch Gill sold around 3k shares on-market at roughly €19.36 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.9m more than they bought in the last 12 months. Reported Earnings • Nov 04
Third quarter 2021 earnings released: US$0.36 loss per share (vs US$0.42 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$76.1m (up 2.5% from 3Q 2020). Net loss: US$11.0m (loss narrowed 2.6% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 05
Second quarter 2021 earnings released: US$0.63 loss per share (vs US$0.57 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$76.3m (up 6.9% from 2Q 2020). Net loss: US$19.0m (loss widened 35% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jun 26
Upland Software, Inc. (NasdaqGM:UPLD) acquired Panviva Pty. Ltd. for $23.3 million. Upland Software, Inc. (NasdaqGM:UPLD) acquired Panviva Pty. Ltd. for $23.3 million on June 24, 2021. The purchase price paid for Panviva was $19.8 million in cash at closing (net of cash acquired), paid out of cash on hand, and a $3.5 million cash holdback payable in twelve months (subject to indemnification claims). GrowthPoint Technology Partners acted as exclusive financial advisor to Panviva in the transaction.
Upland Software, Inc. (NasdaqGM:UPLD) completd the acquisition of Panviva Pty. Ltd. on June 24, 2021. Recent Insider Transactions • Jun 25
Founder recently sold €358k worth of stock On the 21st of June, John McDonald sold around 10k shares on-market at roughly €34.51 per share. This was the largest sale by an insider in the last 3 months. John has been a seller over the last 12 months, reducing personal holdings by €8.7m. Reported Earnings • May 06
First quarter 2021 earnings released: US$0.69 loss per share (vs US$0.81 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: US$74.0m (up 8.7% from 1Q 2020). Net loss: US$20.7m (loss widened 3.0% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 06
Upland Software, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2021 and Year Ending December 31, 2021 Upland Software, Inc. provided earnings guidance for the second quarter ending June 30, 2021 and year ending December 31, 2021. For the second quarter ending June 30, 2021, the company expects reported total revenue to be between $73.0 and $77.0 million, including subscription and support revenue between $70.2 and $73.2 million, for growth in recurring revenue of 6% at the mid-point over the quarter-ended June 30, 2020.
For the full year ending December 31, 2021, the company expects reported total revenue to be between $299.0 and $311.0 million, including subscription and support revenue between $285.3 and $295.3 million, for growth in recurring revenue of 5% at the mid-point over the year ended December 31, 2020. Recent Insider Transactions • Mar 22
Founder recently sold €442k worth of stock On the 17th of March, John McDonald sold around 11k shares on-market at roughly €40.65 per share. In the last 3 months, they made an even bigger sale worth €5.2m. John has been a seller over the last 12 months, reducing personal holdings by €8.3m. Announcement • Mar 04
Upland Software, Inc. Announces Executive Changes Effective March 2, 2021, Upland Software, Inc., has promoted Rod Favaron to President of the company and Timothy Mattox has resigned from his positions as co-President and Chief Operating Officer of the company. Mr. Mattox is entering into an advisory agreement with the company pursuant to which he will serve as a strategic advisor to the company through December 31, 2022. Mr. Favaron joined Upland as Co-President, Chief Commercial Officer in March 2020. He served as a member of the Board from September 2014 until March 2020. Mr. Favaron served as President and Chief Executive Officer of Spredfast, Inc., from February 2011 until October 2018. Prior to Spredfast, Mr. Favaron served as the Chairman and Chief Executive Officer of Lombardi Software, from June 2002 to January 2010. Mr. Favaron also serves as Chairman of the Board of Vyopta Incorporated. Reported Earnings • Feb 25
Full year 2020 earnings released: US$1.92 loss per share (vs US$1.96 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$291.8m (up 31% from FY 2019). Net loss: US$51.2m (loss widened 13% from FY 2019). Analyst Estimate Surprise Post Earnings • Feb 25
Revenue beats expectations Revenue exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to stay flat compared to a 27% growth forecast for the Software industry in Germany. 
