Investor relations

Video is today’s document. Qumu Corporation (NASDAQ: QUMU) provides the tools businesses need to create, manage, secure, deliver and measure the success of their videos

Investor news

Qumu Announces Second Quarter 2018 Results, Reports Strong License Revenue Growth

Conference Call Wednesday, August 1, 2018 at 10:00 a.m. ET

Minneapolis, July 31, 2018 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the second quarter ending June 30, 2018. The Company reported strong growth in both license revenue and sales pipeline, increasing gross margins, paydown of its long-term debt, and reiteration of its 2018 full year revenue guidance.

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Qumu Receives $9.7 Million in Cash from Sale of BriefCam Stock

Company will use funds to pay down 60% of current debt with no pre-payment penalty

Minneapolis, July 18, 2018 – Qumu (NASDAQ: QUMU), the leading provider of best-in-class video technology for the enterprise, received approximately $9,678,000 in cash on July 6th of 2018 from the sale of its stake in BriefCam Ltd., a provider of security and intelligence video review software recently acquired by Canon Inc. Today, Qumu announced it will use $6.5 million of the proceeds to pay down its current debt facility with ESW Capital, LLC (through its ESW Holdings, Inc. subsidiary), with no pre-payment penalty. The principal payment will reduce annualized interest expense by approximately $642,000 per year, excluding amortization of debt issuance costs.

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Qumu Second Quarter 2018 Conference Call Scheduled for August 1, 2018

Minneapolis, MN – July 11, 2018 – 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, 2018, on Wednesday, August 1, 2018 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on July 31, 2018.

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Please contact us to get in touch with us about anything to do with investing with Qumu.

+1 612 638-9100

+1 800-468-9716

Jeff VanRhee, Analyst
Craig-Hallum Capital Group, LLC
22 South Ninth Street, Suite 350
Minneapolis, MN 55402
United States

Mark Argento
Lake Street Capital
225 South Sixth Street, Suite 2050
Minneapolis, MN 55402
United States

Glenn Mattson
Ladenburg Thalmann & Co. Inc.
570 Lexington Avenue, 11th Floor
New York, New York 10022
United States

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