Qumu (QUMU) Tops Q2 EPS by 10c

Qumu (NASDAQ: QUMU) reported Q2 EPS of ($0.16), $0.10 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $7.6 million versus the consensus estimate of $5.75 million.

"During the second quarter of 2018 we not only brought revenue into line, but also created a strong balance sheet by monetizing our investment in BriefCam,” said Vern Hanzlik, Qumu’s President and CEO. “Now we are focused on carrying that momentum through the second half of 2018, as our software-as-a-service video solutions gain traction within the enterprise."

For earnings history and earnings-related data on Qumu (QUMU) click here.

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