Qumu (QUMU) Tops Q3 EPS by 29c

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Go back to Qumu (QUMU) Tops Q3 EPS by 29c

Qumu Reports Record Quarterly Revenue of $9.6 Million

November 5, 2015 4:02 PM EST

Quarterly Revenue up 64% Year-Over-Year
$9 Million Annualized Expense Reduction Program Implemented
Reiterate Cash Flow Breakeven During 2016

Conference Call Today at 4:30 p.m. ET

MINNEAPOLIS--(BUSINESS WIRE)-- Qumu Corporation (NASDAQ: QUMU) today reported financial results for the third quarter ended September 30, 2015.

Third quarter revenue was $9.6 million, an increase of 64%, compared to the third quarter 2014. Year-to-date revenue was $24.3 million, an increase of 34%, compared to the same period last year.

Third quarter net loss per share was $(0.79) compared to $(0.33) in the third quarter 2014. Third quarter 2015 results... More