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Upland Software Stock Impressive Rise On Thursday, Outperforms Market

ViaNews Editorial Team

February 29, 2024

Upland Software Stock  Impressive Rise On Thursday, Outperforms Market

(VIANEWS) - The NASDAQ ended the session with Upland Software (UPLD) jumping 14.2% to $3.02 on Thursday while NASDAQ jumped 0.9% to $16,091.92.

Upland Software's last close was $2.64, 57.89% below its 52-week high of $6.27.

About Upland Software

Upland Software, Inc. provides cloud-based enterprise work management software in the United States, the United Kingdom, Canada, and internationally. It offers a family of software applications under the Upland brand in the areas of marketing, sales, contact center, project management, information technology, business operations, and human resources and legal. The company also provides professional services, such as implementation, data extraction, integration and configuration, and training services, as well as customer support services. It serves large global corporations, various government agencies, and small and medium-sized businesses, as well as financial, consulting, technology, manufacturing, media, telecommunication, political, healthcare, life sciences, and retail and hospitality sectors. The company was formerly known as Silverback Enterprise Group, Inc. and changed its name to Upland Software, Inc. in November 2013. Upland Software, Inc. was incorporated in 2010 and is headquartered in Austin, Texas.

Earnings Per Share

As for profitability, Upland Software has a trailing twelve months EPS of $-5.77.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -54.09%.

Moving Average

Upland Software's worth is way under its 50-day moving average of $4.28 and way below its 200-day moving average of $3.89.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8.4%, now sitting on 297.85M for the twelve trailing months.

More news about Upland Software (UPLD).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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