Upland Software Surpasses Q3 Expectations, Shares Rise 8.7%

Upland Software reported Q3 results, surpassing revenue and profit expectations, with a non-GAAP profit of $0.30 per share, a 73.1% increase above analysts' forecasts. The company's CEO cited progress in core organic growth, strong adjusted EBITDA margins, and new large-scale customer wins as reasons for the strong performance. Shares jumped 8.7% in the afternoon session.