|Bid||41.94 x 800|
|Ask||41.90 x 1100|
|Day's Range||41.50 - 42.40|
|52 Week Range||30.40 - 53.00|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 04, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||58.43|
Upland Software Inc (NASDAQ: UPLD) acquired a cloud-based enterprise knowledge management solution, Panviva Pty Ltd, for $19.8 million in cash and a $3.5 million cash holdback payable in twelve months. Upland expanded its presence within the knowledge management market, with the acquisition offering customers a new way to drive contact center productivity in regulated industries. Upland expects annual revenue of $7.5 million from the acquisition. Upland expects Panviva to generate a minimum of $
AUSTIN, Texas, June 24, 2021--Upland Software, Inc. (Nasdaq: UPLD) announced that it has acquired Panviva Pty Ltd, a cloud-based enterprise knowledge management solution. With the addition of Panviva, Upland has expanded its presence within the knowledge management market, giving customers a new way to drive contact center productivity in regulated industries, such as utilities, healthcare, and financial services.
Upland Software (UPLD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.