Qumu Reports Second Quarter 2019 Results Reiterates Annual Financial Guidance

Strong Sales Pipeline, Expanding Gross Margin and Record Customer Retention Will Drive Anticipated Growth in Second Half of Year

Conference Call Today, July 30, 2019 at 4:30 p.m. ET

Minneapolis, MN – July 30, 2019 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the second quarter and six months ended June 30, 2019. The Company reported second quarter revenue of $5.4 million, net loss of $(3.6) million and adjusted EBITDA, a non-GAAP measure, of $(1.4) million, and ended the quarter with cash of $7.3 million. Management also reiterated its financial guidance for the fiscal year ending December 31, 2019.

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Qumu Sets Second Quarter 2019 Conference Call for Tuesday, July 30, 2019 at 4:30 p.m. ET

Minneapolis, MN – July 16, 2019 – Qumu Corporation (NASDAQ: QUMU) will hold a conference call and webcast on Tuesday, July 30, 2019 at 4:30 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2019. Financial results will be issued in a press release prior to the call.
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Qumu Announces First Quarter 2019 Results, Reiterates Confidence in Annual Guidance

Company reports record gross margins, growing revenues and second consecutive quarter of positive adjusted EBITDA

Conference Call Wednesday, May 1, 2019 at 10:00 a.m. ET

Minneapolis, April 30, 2019 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the first quarter ended March 31, 2019. The Company reported first quarter revenue of $7.1 million, a net loss of $(950,000) and adjusted EBITDA, a non-GAAP measure, of $210,000, ending the quarter with cash of $8.6 million.

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Qumu Mourns Death of Director Thomas F. Madison

Minneapolis, MN – April 19, 2019 – Qumu Corporation (NASDAQ: QUMU) April 19, 2019 – Qumu Corporation (NASDAQ: QUMU) is saddened to announce that Thomas F. Madison, a member of the Board of Directors of the Company since 2001, passed away on April 10, 2019. Mr. Madison was Chairman of the Board's Governance Committee, as well as a member of the Board's Audit Committee, and also enjoyed a long and distinguished career in business and as an expert in Board governance.
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Qumu First Quarter 2019 Conference Call Scheduled for May 1, 2019

Minneapolis, MN – April 10, 2019 – 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, 2019, on Wednesday, May 1, 2019 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on April 30, 2019.
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Qumu Announces Fourth Quarter and Year-End 2018 Results

Company delivers two quarters of positive adjusted EBITDA, and meets all 2018 guidance for Bookings Growth, Revenue, Gross Margin and Adjusted EBITDA

Conference Call Wednesday, March 6, 2019 at 10:00 a.m. ET

Minneapolis, March 5, 2019 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the fourth quarter and year ended December 31, 2018. The Company reported fourth quarter revenue of $6.9 million, positive basic earnings per share, net income of $48,000 and adjusted EBITDA, a non-GAAP measure, of $130,000, ending the year with cash of $8.6 million.

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Qumu Fourth Quarter and Year End 2018 Conference Call Scheduled for March 6, 2019

Minneapolis, MN – January 31, 2019 – Qumu Corporation (NASDAQ: QUMU) today announced that it will hold its conference call and webcast to review financial results for the fourth quarter and year ended December 31, 2018 on Wednesday, March 6, 2019 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on March 5, 2019.
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Qumu Announces Third Quarter 2018 Results, Reports Positive Quarterly Net Income and Reiterates Annual Revenue Guidance

Conference Call Wednesday, October 31, 2018 at 10:00 a.m. ET

Minneapolis, October 30, 2018 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the third quarter ending September 30, 2018 and reiterated with confidence its 2018 full year revenue guidance. The Company reported net income of $2.4 million for the quarter, which included a $6.5 million gain on the previously announced sale of its investment in BriefCam, Ltd. and reflected improved operating efficiencies resulting from ongoing cost reduction initiatives. The Company also strengthened its balance sheet by paying down its long-term debt by 60%, or $6.0 million, while increasing its cash during the quarter by $3.3 million.

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Qumu Third Quarter 2018 Conference Call Scheduled for October 31, 2018

Minneapolis, MN – October 10, 2018 – 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, 2018, on Wednesday, October 31, 2018 at 10:00 a.m. Eastern Time. The earnings announcement will be issued after the market closes on October 30, 2018.

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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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