Qumu (QUMU) Misses Q1 EPS by 27c
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Qumu Reports First Quarter 2015 Financial Results
May 7, 2015 4:03 PM EDTRevenue of $6.0 Million Up 52% from 1Q 2014
Conference Call Today at 4:30 p.m. ET
MINNEAPOLIS--(BUSINESS WIRE)-- Qumu Corporation (NASDAQ: QUMU) today reported financial results for the first quarter ended March 31, 2015. Revenue totaled $6.0 million in the first quarter, 52% above $3.9 million in revenue in last years first quarter. Contracted commitments totaled $8.1 million in the first quarter of 2015 compared with $14.3 million in the first quarter of 2014. The first quarter 2014 contracted commitments included a large order from one customer totaling $9.5 million. Excluding this transaction, Qumus first quarter 2015 commitments... More
