Upland Software Reports Third Quarter 2018 Financial Results
Summary
"And just after quarter close, we announced our largest acquisition to date of Rant & Rave, a leading customer engagement platform and strategic addition to our product portfolio, which added meaningful cross-selling opportunities in the United States and Europe.Released several updates within our Digital Engagement product family incorporating customer-requested enhancements delivering usability improvements and performance upgrades to the mobile messaging platform.Just after quarter close, on October 3, 2018 , strengthened our Upland Mobile Messaging (UMM) platform by acquiring Rant & Rave, a leading provider of cloud-based customer engagement solutions including voice of customer (VoC) and voice of employee (VoE) applications that enable users to capture, analyze, and act on real-time customer and employee feedback across multiple channels including Short Message Service (SMS), mobile email, web, and social media.We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods.Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments we may make.
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