UPLD Q2 2023 Earnings — Upland Software, Inc. Revenue & Financial Results | Market Cap Arena

UPLDUpland Software, Inc.

$15M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$74M-7.1% YoY

Gross Profit

$50M67.5% margin

Operating Income

-$9M-12.6% margin

Net Income

-$15M-20.3% margin

EPS (Diluted)

$-0.47

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$956M

Total Liabilities

$673M

Stockholders' Equity

$283M

Cash & Equivalents

$263M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$80M	-7.1%
Gross Profit	$50M	$54M	-6.3%
Operating Income	-$9M	-$11M	+13.8%
Net Income	-$15M	-$16M	+7.6%

Revenue Segments

Subscription And Support

$34M96%

Professional Services

$1M4%

Geographic Segments

UNITED STATES

$50M94%

CANADA

$3M6%