Qumu Announces Compliance with Financial Covenants and Amendment to Credit Agreement

Minneapolis, November 6, 2017 - Qumu Corporation (NASDAQ: QUMU) today announced, after completing its full monthly compliance analysis following October 31, 2017, that the Company was in compliance with the cash and eligible accounts receivable covenant of its term loan credit agreement with HCP-FVD, LLC and Hale Capital Partners, LP. Accordingly, the Company was not in default of the credit agreement at October 31, 2017.  Qumu has maintained compliance with all financial covenants of the term loan credit agreement since it was signed in October 2016.Read more

Qumu Announces Third Quarter 2017 Results

Minneapolis, MN – October 31, 2017 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the third quarter 2017.

Third quarter revenue was $7.6 million, compared to $7.1 million in the third quarter 2016, and net loss was $(2.3) million, or a loss of $(0.25) per share, compared to $(2.5) million, or a loss of $(0.27) per share, in the third quarter 2016. Third quarter 2017 results included foreign currency losses of $(0.02) per share. Third quarter adjusted EBITDA (a non-GAAP measure) was a loss of $(0.9) million, compared to an adjusted EBITDA loss of $(1.4) million for the third quarter 2016.

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Qumu Announces Departure of Chief Financial Officer

Minneapolis, October 24, 2017 - Qumu (NASDAQ: QUMU), a leader in enterprise video, announced that CFO Peter Goepfrich will be leaving the company to join a private equity portfolio company, effective November 6, 2017. The Company expects to identify a candidate to act as interim CFO in the short term. The Company will also engage a search firm to recruit a successor Chief Financial Officer.Read more

Qumu Third Quarter 2017 Conference Call Scheduled for November 1, 2017

Minneapolis, MN – October 10, 2017 – Qumu Corporation (NASDAQ: QUMU) today announced that it will hold its conference call and webcast to review financial results for the third quarter ended September 30, 2017, on Wednesday, November 1, 2017 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on October 31, 2017.

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Qumu to Present at the 6th Annual Intellisight Investor Conference

Minneapolis, MN - August 16, 2017 – Qumu Corporation (NASDAQ: QUMU) today announced that it will participate in the 6th Annual Intellisight Investor Conference in Minneapolis. Vern Hanzlik, president and CEO, will present the Company’s business strategy and current corporate developments on Wednesday, August 23, 2017 at 1:55 p.m. CDT.

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Qumu Announces Second Quarter 2017 Results

Minneapolis, MN – August 1, 2017 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the second quarter 2017.

Second quarter revenue was $6.7 million, compared to $6.5 million in the second quarter 2016, and net loss was $(2.6) million, or a loss of $(0.28) per share, compared to $(4.3) million, or a loss of $(0.46) per share, in the second quarter 2016. Second quarter adjusted EBITDA (a non-GAAP measure) was a loss of $(1.0) million, compared to an adjusted EBITDA loss of $(3.1) million for the second quarter 2016.

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Qumu Second Quarter 2017 Conference Call Scheduled for August 2, 2017

Minneapolis, MN – July 11, 2017 – Qumu Corporation (NASDAQ: QUMU) today announced that it will hold its conference call and webcast to review financial results for the second quarter ended June 30, 2017, on Wednesday, August 2, 2017 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on August 1, 2017.

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Qumu Announces First Quarter 2017 Results

Minneapolis, MN – May 2, 2017 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the first quarter 2017.

First quarter revenue was $6.7 million, compared to $8.7 million in the first quarter 2016, and net loss was $(3.6) million, or a loss of $(0.39) per share, compared to $(4.1) million, or a loss of $(0.45) per share, in the first quarter 2016.

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Qumu First Quarter 2017 Conference Call Scheduled for May 3, 2017

Minneapolis, MN - April 17, 2017 – Qumu Corporation (NASDAQ: QUMU) today announced that it will hold its conference call and webcast to review financial results for the first quarter ended March 31, 2017, on Wednesday, May 3, 2017 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on May 2, 2017.Read more

Qumu Announces Fourth Quarter and Full Year 2016 Results

Minneapolis, MN – February 28, 2017 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the fourth quarter and year ended December 31, 2016.
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