Qumu (QUMU) Tops Q4 EPS by 11c

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Qumu Announces Fourth Quarter and Full Year 2015 Results

March 8, 2016 4:02 PM EST

Record Quarterly Revenue of $10.1 Million, a 21% year-over-year increase
Full Year 2015 Revenue of $34.5 Million, a 30% year-over-year increase
Initiates Fiscal 2016 Guidance

Conference Call Wednesday, March 9 at 10:00 a.m. ET

MINNEAPOLIS--(BUSINESS WIRE)-- Qumu Corporation (NASDAQ: QUMU) today reported financial results for the fourth quarter and year ended December 31, 2015.

Fourth quarter revenue was $10.1 million, a 21% increase compared to the fourth quarter 2014. Full year 2015 revenue was $34.5 million, a 30% increase compared to last year. Fourth quarter net loss per share was $(0.50) compared to $(0.87) in the fourth quarter 2014. Fourth... More