Revenue Update on Upland Software Inc(NASDAQ:UPLD)

Upland Software Inc(NASDAQ:UPLD) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 23, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.12. The reported EPS was below estimates by -100%. Analysts had estimated an EPS of $19374000.

Upland Software Inc (UPLD) made into the market gainers list on Fridays trading session with the shares advancing 7.96% or 1.15 points. Due to strong positive momentum, the stock ended at $15.59, which is also near the day’s high of $15.99. The stock began the session at $15.2 and the volume stood at 1,47,126 shares. The 52-week high of the shares is $15.99 and the 52 week low is $6.73. The company has a current market capitalization of $278 M and it has 1,78,41,355 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Nov 18, 2016, David May (director) purchased 10,000 shares at $8.59 per share price.Also, On Feb 1, 2016, Capital, Llc Esw (10% owner) purchased 26,510 shares at $6.94 per share price.

Upland Software Inc. is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology process excellence finance professional services and marketing functions within organizations. Its software applications serve a range of enterprise work management needs from strategic planning to task execution. It services customers ranging from corporations and government agencies to small- and medium-sized businesses. The Company also offers a suite of cloud-based supply chain work management applications. Its Ultriva Lean Suite is a single source for supply chain communication which provides a basis for multi-enterprise multi-tier end-to-end supply chain collaboration. Ultriva Lean Suite includes approximately four modules such as collaborative supply portal lean factory management collaborative demand portal and inventory optimization tool.

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