Overview

* Upland Q2 2025 revenue falls 23% yr/yr, beats analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 beats consensus, reflecting improved margin performance

* Company completed refinancing, extending debt maturity to July 2031

Outlook

* Upland expects Q3 2025 revenue between $46.8 mln and $52.8 mln

* Company sees Q3 2025 Adjusted EBITDA between $14.5 mln and $17.5 mln

* Upland forecasts full-year 2025 revenue between $211.8 mln and $223.8 mln

* Company expects full-year 2025 Adjusted EBITDA between $55.8 mln and $61.8 mln

Result Drivers

* DIVESTITURES - Revenue and subscription/support revenue fell 23% yr/yr due to business divestitures

* AI PRODUCT WINS - Strong momentum in AI product wins contributed to improved margin performance

* CUSTOMER EXPANSION - 100 new customers and expansions with 263 existing customers, particularly in AI-powered products

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $53.40 $53.20

Revenue mln mln (3

Analysts

)

Q2 EPS -$0.51

Q2 Net -$13 mln

Income

Q2 Beat $13.60 $13.50

Adjusted mln mln (3

EBITDA Analysts

)

Q2 Free $2.70

Cash mln

Flow

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)