Qumu Reports Third Quarter and Nine Month 2020 Financial Results
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Qumu (QUMU) Misses Q3 EPS by 2c, Revenue s Beat; Offers FY20 Revenue Outlook
October 27, 2020 4:52 PM EDTQumu (NASDAQ: QUMU) reported Q3 EPS of ($0.14), $0.02 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $6.63 million versus the consensus estimate of $6.51 million.
Q3 2020 Operational Highlights
Launched new Qumu app for Zoom, enabling self-service streaming of Zoom events to audiences of 100,000+ while adding comprehensive video content management and enterprise-grade securityReleased the Qumu Cloud Build and Price Tool, which allows users to customize their own annual cloud video subscription based on parameters such as storage and bandwidth needs, user counts, live streams, distribution preferences and so... More