Upland Software Inc (UPLD) Q2 2020 Earnings Call Transcript

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Upland Software Inc (NASDAQ: UPLD)
Q2 2020 Earnings Call
Aug 6, 2020, 7:00 p.m. ET


  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:


Thank you for standing by, and welcome to the Upland Software Second Quarter 2020 Earnings Call. [Operator Instructions] simultaneously, and simultaneously webcast on Upland’s Investor Relations website at investor.uplandsoftware.com, and a replay will be available there for 12 months.

By now, everyone should have access to the second quarter 2020 earnings release, which was distributed today at 4:00 p.m. Eastern Time. If you have not received the release, it is available on Upland’s website.

I would now like to turn the call over to Jack McDonald, Chairman and CEO of Upland Software. Please go ahead, sir.

Jack McDonaldChairman And Chief Executive Officer

Thank you, and welcome to our Q2 2020 earnings call. I’m joined by Tim

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“The last five months have made it clear that tech intensity is the key to business resilience. Organizations that build their own digital capability will recover faster and emerge from this crisis stronger. We are the only company with an integrated, modern technology stack — powered by cloud and AI and underpinned by security and compliance — to help every organization transform and reimagine how they meet customer needs,” said CEO Satya Nadella said in a press release.

The company’s cloud segment saw a 17% jump in fourth-quarter revenue to $13.4

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Is the Earnings Improvement for Real?

Thursday, July 23, 2020

The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily provides a real-time scorecard of the ongoing Q2 earnings season and emerging signs of stabilization and improvement in the overall earnings picture. Our core strength in earnings data and analytics allows us to identify these trend shifts in real time and share them with our readers. 

As is always the case, today’s daily features new research reports on 16 major stocks, including Johnson & Johnson (JNJ), SAP SE (SAP) and McDonalds (MCD). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

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eBay EBAY is set to report second-quarter 2020 results on Jul 28. In the last reported quarter, it delivered an earnings surprise of 4.1%.

The company beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, delivering an average surprise of 6.2%.

For the second quarter, the Zacks Consensus Estimate for earnings has increased 1.9% to $1.05 per share over the past 30 days. This indicates growth of 54.4% from the year-ago reported figure.

The consensus mark for revenues is pegged at $2.79 billion, implying growth of 3.99% from the year-ago reported figure.

Let’s see how things have shaped up for this announcement.

eBay Inc. Price and EPS Surprise

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Factors to Note

eBay recently stated that global gross merchandise volume was strong in April, stretching through May. Additionally, the company’s number of active

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NETGEAR, Inc. NTGR delivered impressive second-quarter 2020 results, with the top and the bottom line surpassing the respective Zacks Consensus Estimate. Further, earnings and revenues increased significantly on a year-over-year basis despite coronavirus-induced turmoil.

Net Income

GAAP earnings from continuing operations in the reported quarter were $6 million or 20 cents per share compared with $0.8 million or 3 cents per share in the year-ago quarter. The year-over-year improvement was primarily driven by higher revenues.

Non-GAAP net income from continuing operations was $16.3 million or 54 cents per share compared with $8.9 million or 28 cents per share in the year-earlier quarter. The bottom line beat the Zacks Consensus Estimate by 31 cents.

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NETGEAR generated net revenues of $280.1 million, up 21.3% year over year driven by

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ASML Holding N.V. ASML

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Highlights of the quarter: The transition to EUV tools that

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* Jonathan P. Mason

* Richard B. Chamberlain

Hello, and welcome to the Dixons Carphone 2020 Full Year Results Conference Call. My name is Molly, and I’ll be your coordinator for today’s event. Please note that this call is being recorded. (Operator Instructions) I will now hand you over to your host, Alex Baldock, CEO, to begin today’s conference. Thank you.

Thanks, Molly. Good morning, everybody. What you’re going to hear from Jonny and I this morning before we take your questions, is a story of a business that was on track pre crisis. On track both with the 5 major legs of the transformation, with which you’re familiar, but also on track to meet financial expectations for performance in the year. Then the crisis … Read More

ETFs to Buy as Netflix Tops Disney Ahead of Q2 Earnings

Netflix NFLX is set to release second-quarter 2020 results on Jul 16 after market close. Being the world’s largest video streaming company, it is worth taking a look at its fundamentals ahead of the results.

The stock has jumped more than 73% since mid-March and 19.6% over the past three months, outperforming the industry’s average growth of 16.2%. In fact, Netflix shares have seen a remarkable rally of 29% over the past 10 trading days that has pushed up its market valuation to $250 billion. The surge makes Netflix more valuable than Walt Disney DIS, AT&T T, Verizon Communications VZ and Comcast CMCSA.

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How Might Tech Shape Up In the Post-COVID Economy? Earnings Ahead

Key Takeaways:

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OneSmart International Education Group Limited – Chief Strategic Officer, CFO & Director

Good day, and good evening, and welcome to the OneSmart International Education Group Limited Announces Unaudited Financial Results for the Second Fiscal Quarter Ended February 29, 2020, Conference Call. (Operator Instructions) Please note, this event is being recorded.

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Thank you, operator. Good morning, and good evening, everyone, and thank you for joining OneSmart International Education Group Limited Second Fiscal Quarter 2020 Earnings Conference Call. The company’s earnings results as well as supplementary slide presentation were released earlier today and are available on the company’s IR website at www.onesmart.investorroom.com. Joining me today are Mr. Steve … Read More