Upland Software (NASDAQ:UPLD) issued its quarterly earnings data on Thursday. The software maker reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.20, Briefing.com reports. Upland Software had a positive return on equity of 25.43% and a negative net margin of 8.03%. The firm had revenue of $55.10 million during the quarter, compared to the consensus estimate of $55.33 million. During the same period in the previous year, the firm posted $0.38 EPS. The company’s quarterly revenue was up 48.5% compared to the same quarter last year.
UPLD stock traded down $4.37 during midday trading on Friday, hitting $35.01. The stock had a trading volume of 1,772,000 shares, compared to its average volume of 366,713. Upland Software has a 12-month low of $25.12 and a 12-month high of $54.87. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $962.47 million, a PE ratio of 29.67, a price-to-earnings-growth ratio of 0.87 and a beta of 0.61. The company’s 50-day moving average price is $37.65 and its 200 day moving average price is $42.80.
In other Upland Software news, Director Stephen E. Courter sold 1,450 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $34.42, for a total value of $49,909.00. Following the transaction, the director now owns 11,651 shares in the company, valued at approximately $401,027.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David May sold 20,000 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $42.81, for a total transaction of $856,200.00. Following the completion of the transaction, the director now owns 65,773 shares in the company, valued at approximately $2,815,742.13. The disclosure for this sale can be found here. Insiders own 11.60% of the company’s stock.
About Upland Software
Upland Software, Inc provides cloud-based enterprise work management software in the United States, Canada, and internationally. The company offers a family of software applications under the Upland brand in the areas of information technology (IT), process excellence and operations, finance, professional services, and marketing.
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