Upland Software Reports First Quarter 2025 Financial Results

About this update from Upland Software, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":223,"url":"https://media.zenfs.com/en/business-wire.com/e1f5f85ce5a6d3117818ba05addb94b7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/z.0nckrAIsPC.kPjhA4cHA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ0NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e1f5f85ce5a6d3117818ba05addb94b7","width":480,"height":223}},"lazy":false},{"type":"text","content":"AUSTIN, Texas, May 12, 2025--(BUSINESS WIRE)--Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based tools for digital transformation, today announced financial and operating results for the first quarter 2025 and issued guidance for its second quarter and full year of 2025.","length":282,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Financial Highlights","length":39,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenue was $63.7 million, a decrease of 10% from $70.7 million in the first quarter of 2024.","length":99,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Subscription and support revenue was $60.2 million, a decrease of 10% from $67.1 million in the first quarter of 2024.","length":118,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss was $25.8 million compared to a GAAP net loss of $96.1 million in the first quarter of 2024. GAAP net loss attributable to common stockholders was $27.3 million compared to GAAP net loss attributable to common stockholders of $97.5 million in the first quarter of 2024. GAAP net loss per share attributable to common stockholders was $0.97 per share, compared to a GAAP net loss per share attributable to common stockholders of $3.37 per share in the first quarter of 2024.","length":487,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA was $13.1 million, or 21% of total revenue, compared to $13.1 million, or 19% of total revenue, in the first quarter of 2024.","length":141,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP operating cash flow was $8.3 million, compared to GAAP operating cash flow of $5.1 million in the first quarter of 2024. Free cash flow was $7.9 million, compared to free cash flow of $4.9 million in the first quarter of 2024.","length...

More updates from Upland Software, Inc.