Qumu (QUMU) Misses Q1 EPS by 5c

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Qumu Reports First Quarter 2022 Financial Results

May 12, 2022 4:01 PM EDT

Continued Execution of Transformational Cloud Growth Strategy Drives 15% Increase in Quarterly SaaS Revenue and 10% Increase in SaaS Annual Recurring Revenue (ARR)

SaaS Revenue Accounted for 54% of Total Q1 Revenue

MINNEAPOLIS--(BUSINESS WIRE)-- Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology, today reported financial results for the first quarter ended March 31, 2022.

Q1 2022 and Recent Operational... More