Qumu (QUMU) Tops Q2 EPS by 7c
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Qumu Reports Record Quarterly Revenue of $8.8 Million
August 6, 2015 4:01 PM EDTRevenue up 47% from 1Q 2015
Gross Margin Increased to 49% from 37% in 1Q 2015
Conference Call Today at 4:30 p.m. ET
MINNEAPOLIS--(BUSINESS WIRE)-- Qumu Corporation (NASDAQ: QUMU) today reported financial results for the second quarter ended June 30, 2015. Revenue totaled $8.8 million during the period and was up 47% from the revenue in the first quarter of 2015, establishing a new quarterly record for Qumu. Revenue was four percent higher than the $8.4 million generated during last years second quarter, which was previously... More
