Upland Software Reports First Quarter 2021 Financial Results
Summary
"In Q1, we restarted our M&A engine, completing two strategic and accretive acquisitions,” said Jack McDonald, Upland’s chairman and chief executive officer. “Our acquisition pipeline remains robust and we are active in the market for additional opportunities.” • Expanded relationships with 283 existing customers, 45 of which were major expansions. The Upland Cloud enables thousands of organizations to engage with customers on key digital channels, optimize sales team performance, manage projects and IT costs, and automate critical document workflows. 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. Upland defines cash gross margin as product revenue less subscription and support cost of sales, excluding depreciation & amortization.
Classifications
AskAI Classifications
LabelsLinked Companies
