Sonic Foundry (SOFO) Reports Q4 Loss of $0.19/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Sonic Foundry Announces Fourth Quarter and Fiscal 2016 Financial Results
December 22, 2016 4:03 PM ESTMADISON, WS -- (Marketwired) -- 12/22/16 -- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2016 fourth quarter and fiscal year ended September 30, 2016.
Fiscal 2016 Fourth Quarter Highlights
Total revenues of $9.5 million, represent an increase of 4% compared to $9.1 million in the fourth quarter of 2015; growth was driven by a 32% increase in cloud hosting revenues in the quarter. Gross margin increased to $7.1 million, or 75% of sales compared to $6.5 million, or 71% of sales... More