Earnings Call Summary | Upland Software(UPLD.US) Q3 2024 Earnings Conference
Earnings Call Summary | Upland Software(UPLD.US) Q3 2024 Earnings Conference
Recurring revenue from subscription and support declined 9% year-over-year to $63.8 million.The following is a summary of the Upland Software, Inc. (UPLD) Q3 2024 Earnings Call Transcript:
以下是Upland Software, Inc. (UPLD) 2024年第三季度業績發佈會摘要：
Financial Performance:
財務表現：
Upland Software reported a Q3 revenue of $66.7 million, a decrease of 10% year-over-year.
Q3 adjusted EBITDA was $14 million, up sequentially from $13.6 million in Q2, with expectations to grow to $14.9 million in Q4.
Recurring revenue from subscription and support declined 9% year-over-year to $63.8 million.
Professional services revenue saw a 32% decrease year-over-year to $1.8 million.
Upland Software報告的第三季度營業收入爲6670萬美元，同比下降10%。
第三季度調整後的EBITDA爲1400萬美元，較第二季度的1360萬美元環比增長，預計在第四季度將增長至1490萬美元。
來自訂閱和壓力位的經常性收入同比下降9%，降至6380萬美元。
專業服務收入同比下降32%，降至180萬美元。
Business Progress:
業務進展：
Upland Software added 122 new customers and expanded relationships with 312 existing customers in Q3.
Introduced new generative AI solutions across their product portfolio.
Upland RightAnswers and Upland BA Insight achieved significant recognition and market advancements, including their integration with Microsoft Azure AI Search.
Upland Software在第三季度新增122個客戶，並與312個現有客戶擴大了關係。
在他們的產品組合中推出了新的生成性人工智能解決方案。
Upland RightAnswers和Upland BA Insight獲得了顯著的認可和市場進展，包括與微軟Azure人工智能搜索的集成。
Opportunities:
機會：
Plans for further growth and EBITDA expansion in 2025 supported by continued investments in sales, marketing, and product development.
2025年的進一步增長和EBITDA擴張計劃得到了在銷售、市場營銷和產品開發方面持續投資的支持。
Risks:
風險：
Revenue and EBITDA faced year-over-year declines due to planned runoff of Sunset asset revenue, with a cautious outlook on the pace of recovery into positive organic growth in 2025.
由於計劃中的夕陽資產營業收入減少，營業收入和EBITDA面臨同比下降，對2025年恢復到正向有機增長的速度持謹慎態度。
More details: Upland Software IR
更多詳情：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：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
