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Why Upland Software Inc. Stock Popped Today [The Motley Fool]

UPLAND SOFTWARE (UPLD)  More Company Research Source: The Motley Fool
Last upland software earnings: 8/8 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.uplandsoftware.com
PDF The software company made an acquisition and boosted its financial outlook. Here's what investors need to know. Steve Symington ( TMFSymington ) Apr 24, 2017 at 5:50PM What happened Shares of Upland Software Inc. ( NASDAQ:UPLD ) climbed 18.6% Monday after the cloud-based enterprise work management software specialist made a small acquisition and increased its full-year 2017 guidance. So what First, Upland announced it has acquired cloud-based knowledge management system company RightAnswers, Inc. for $17.2 million in cash, a $2.5 million cash holdback payable in one year, and potential future earn-out payments tied to performance-based goals. The purchase price was within Upland's target range of five to eight times RightAnswers' pro forma adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), and will be immediately [Read more]

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