Sonic Foundry (SOFO) Reports Q1 Loss of $0.34
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Sonic Foundry Announces Fiscal 2017 First Quarter Financial Results
February 9, 2017 4:06 PM ESTMADISON, WI -- (Marketwired) -- 02/09/17 -- Sonic Foundry, Inc. (NASDAQ: SOFO) (the "Company"), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2017 first quarter ended December 31, 2016.
Fiscal 2017 First Quarter Highlights
Total revenues of $9.3 million represent an increase of 2% compared to $9.1 million in the first quarter of 2016.Gross margin increased to $6.7 million, or 72% of sales compared to $6.4 million or 70% of sales... More