Qumu (QUMU) Tops Q4 EPS by 6c, Revenues Beat; FY19 Revenue Outlook Below Consensus
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Qumu Announces Fourth Quarter and Year-End 2018 Results
March 5, 2019 4:01 PM ESTCompany delivers two quarters of positive adjusted EBITDA, and meets all 2018 guidance for Bookings Growth, Revenue, Gross Margin and Adjusted EBITDA
Conference Call Wednesday, March 6, 2019 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, 2018. The Company reported fourth quarter revenue of $6.9 million, positive basic earnings per share, net income of $48,000 and adjusted EBITDA, a non-GAAP measure, of $130,000, ending the year with cash of $8.6 million.
"Qumu delivered on our financial... More
