Earnings Call Summary | Upland Software(UPLD.US) Q2 2024 Earnings Conference
Earnings Call Summary | Upland Software(UPLD.US) Q2 2024 Earnings Conference
Q2 adjusted EBITDA was $13.6 million, sequentially growing from $13.1 million in Q1.The following is a summary of the Upland Software, Inc. (UPLD) Q2 2024 Earnings Call Transcript:
以下是Upland Software，Inc.（UPLD）2024年第二季度業績會議電話交易摘要：
Financial Performance:
金融業績：
Upland Software reported a Q2 revenue of $69.3 million, a 7% year-over-year decrease.
Recurring revenue from subscription and support declined 7% year-over-year to $65.5 million.
Q2 adjusted EBITDA was $13.6 million, sequentially growing from $13.1 million in Q1.
Gross margin remained strong at 70%.
Free cash flow was $5.2 million for Q2, aligning with expectations.
Upland Software報告2024年第二季度營業收入爲6930萬美元，同比下降7%。
來自訂閱和支持的經常性收入同比下降7%，達到6550萬美元。
第二季度調整後的EBITDA爲1360萬美元，環比第一季度的1310萬美元增長。
毛利率保持在70%左右。
第二季度自由現金流爲520萬美元，符合預期。
Business Progress:
業務進展：
Upland Software welcomed 155 new customers and expanded relationships with 275 existing customers.
Major product strides include enhancements and the introduction of AI features in Upland Covidien and other platforms.
Implementation of strategic partnerships, notably the integration with IBM's Watson X AI capabilities in Qvidian.
Earned 56 badges in G2's Summer 2024 market reports, indicating strong market recognition.
Upland Software歡迎了155位新客戶和275位現有客戶。
Upland Covidien和其他平台中增強和引入人工智能功能是主要的產品進展。
戰略合作伙伴的實施，特別是與IBM Watson X AI功能的Qvidian集成。
在G2的2024夏季市場報告中獲得56個徽章，表明市場認可度較高。
Opportunities:
機會：
The company projects continuous growth in core organic growth, aiming for a 3% rate in 2025.
Upland is seeing larger ARR deals and benefits from investments in pipeline generation and sales capacity.
There is significant focus on AI integration within products like Upland Covidien and other software enhancements.
公司預計主要有機增長將持續增長，旨在在2025年達到3%的增長率。
Upland看到更大的ARR協議和投資於銷售機會的好處。
在Upland Covidien和其他軟件增強中注重人工智能的整合。
Risks:
風險：
Revenue and adjusted EBITDA presented a year-over-year decline due to planned runoff of Sunset assets, which is expected to decrease revenue contribution significantly by 2025.
Dependency on the success of new market strategies and AI integrations to drive future growth.
由於計劃退出Sunset資產，營收和調整後的EBITDA同比下降，這將在2025年明顯降低營收。
依賴新市場策略和人工智能整合的成功來推動未來增長。
More details: Upland Software IR
更多細節：Upland Software IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。