Qumu Announces First Quarter 2020 Results
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Qumu (QUMU) Misses Q1 EPS by 8c, Revenues Miss; Provides FY20 Revenue Outlook
May 5, 2020 4:55 PM EDTQumu (NASDAQ: QUMU) reported Q1 EPS of ($0.21), $0.08 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $6.2 million versus the consensus estimate of $6.44 million.
Management Commentary
Scalable, secure, self-service video technology for enterprises is the key value proposition that Qumu provides to its customers. Beginning in mid-March 2020, enterprises around the world implemented work-from-home and travel restrictions in response to COVID-19. Certainly, Qumu has done the same for the health and safety of its global workforce and I want to recognize the Qumu team for their dedication to serving our... More
