Cloud software provider Upland Software (NASDAQ: UPLD) will be reporting earnings this Thursday before market open. Here’s what to expect.
Upland Software met analysts’ revenue expectations last quarter, reporting revenues of $53.38 million, down 23% year on year. It was a mixed quarter for the company, with EBITDA guidance for next quarter exceeding analysts’ expectations but revenue guidance for next quarter slightly missing analysts’ expectations.
Is Upland Software a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Upland Software’s revenue to decline 25.2% year on year to $49.91 million, a further deceleration from the 10% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.17 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Upland Software has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.4% on average.
Looking at Upland Software’s peers in the sales and marketing software segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Integral Ad Science delivered year-on-year revenue growth of 15.6%, beating analysts’ expectations by 3.4%, and Shopify reported revenues up 31.5%, topping estimates by 3.1%.
Read our full analysis of Integral Ad Science’s results here and Shopify’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the sales and marketing software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.2% on average over the last month. Upland Software is down 15.2% during the same time and is heading into earnings with an average analyst price target of $4.33 (compared to the current share price of $2.06).
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