Upland Software: Q2 Earnings Snapshot

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Upland Software Inc. (UPLD) on Thursday reported a loss of $15.1 million in its second quarter.

On a per-share basis, the Austin, Texas-based company said it had a loss of 51 cents. Earnings, adjusted for one-time gains and costs, were 22 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The maker of cloud-based enterprise work-management software posted revenue of $74.5 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $73 million.

For the current quarter ending in September, Upland Software said it expects revenue in the range of $70.4 million to $76.4 million.

The company expects full-year revenue in the range of $292.1 million to $304.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPLD at https://www.zacks.com/ap/UPLD