Qumu Sets Second Quarter 2020 Conference Call for Tuesday, July 28, 2020 at 4:30 p.m. ET

Minneapolis, MN – July 22, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today announced that it will hold its conference call and webcast on Tuesday, July 28, 2020 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial results for the second quarter ended June 30, 2020. Financial results for the second quarter 2020 will be issued in a press release prior to the call.

Read more

Qumu Appoints Veteran Technology Executive TJ Kennedy as President and CEO

Minneapolis, MNJuly 17, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today announced that its Board of Directors has appointed technology executive TJ Kennedy as its new President and Chief Executive Officer, effective July 20, 2020. Mr. Kennedy will succeed Vern Hanzlik, who has stepped down as President and Chief Executive Officer and as a director of the Company, effective immediately, to pursue other interests. Mr. Kennedy’s election to the Board of Directors will become effective concurrently with his appointment as Chief Executive Officer.
Read more

Qumu Announces Preliminary Second Quarter 2020 Revenue

Strong Demand Drives Company to Raise Expected 2020 Revenue to $29 million

Conference Call Scheduled for July 28, 2020

Minneapolis, MN – July 15, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, announced preliminary revenue results for its second quarter ended June 30, 2020.
Read more

Synacor and Qumu Announce Mutual Termination of Merger Agreement

BUFFALO, NY, and Minneapolis, MN, JUNE 29, 2020 – Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, and Qumu Corporation (Nasdaq: QUMU) a leading provider of tools to create, manage, secure, distribute and measure the success of live and on-demand video for the enterprise, today announced that the companies have mutually agreed to terminate their proposed all-stock merger agreement, previously announced on February 11, 2020.
Read more

Qumu Announces First Quarter 2020 Results

Company reports solid first quarter results, provides update on business and market for enterprise video amid COVID-19 pandemic

Conference Call Today, May 5, 2020 at 4:30 p.m. ET

Minneapolis, MN – May 5, 2020 – Qumu Corporation (Nasdaq: QUMU) today reported financial results for the first quarter ended March 31, 2020, reflecting revenue of $6.2 million, net loss of $(2.7) million, and adjusted EBITDA loss, a non-GAAP measure, of $(1.2) million. The Company ended the first quarter 2020 with cash of $8.4 million.

Read more

Qumu Sets First Quarter 2020 Conference Call for Tuesday, May 5, 2020 at 4:30 p.m. ET

Minneapolis, MN – April 21, 2020 – Qumu Corporation (Nasdaq: QUMU) today announced that it will hold its conference call and webcast on Tuesday, May 5, 2020 at 4:30 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2020. Financial results for the first quarter 2020 will be issued in a press release prior to the call.
Read more

Qumu Announces Fourth Quarter and Year-End 2019 Results

Full year results reflect improved revenue, gross margin, adjusted EBITDA and cash position over 2018, as well as no debt, in advance of Synacor merger

Conference Call Today, March 4, 2020 at 4:30 p.m. ET

Minneapolis, MN – March 4, 2020 – Qumu Corporation (NASDAQ: QUMU) today reported financial results for the fourth quarter and year ended December 31, 2019. The Company reported fourth quarter 2019 revenue of $6.2 million, net loss of $(1.7) million, and adjusted EBITDA loss, a non-GAAP measure, of $(1.2) million. The Company reported full year 2019 revenue of $25.4 million, net loss of $(6.4) million, and adjusted EBITDA loss, a non-GAAP measure, of $(2.9) million. The Company ended the fourth quarter 2019 with cash of $10.6 million.

Read more

Synacor and Qumu Agree to Merger, Creating Global Leader in SaaS-Based Collaboration Software

All-Stock Transaction to Enhance Financial Scale; Estimated $70 Million of Software Revenue with $50 Million Recurring

Provides Strategic Opportunities to Accelerate Revenue Growth, Increase Operating Efficiencies and Open New Sales Channels

BUFFALO, NY, and Minneapolis, MN, February 11, 2020 – Synacor, Inc. (Nasdaq: SYNC), a cloud-based software and services company serving global video, internet and communications providers, device manufacturers, governments and enterprises, and Qumu Corporation (Nasdaq: QUMU) a leading provider of tools to create, manage, secure, distribute and measure the success of live and on-demand video for the enterprise, today announced plans to combine in an all-stock transaction.
Read more

Qumu Announces Preliminary Full Year 2019 Financial Results

2019 Conference Call Scheduled for March 4, 2020

Minneapolis, MN – February 11, 2020 – Qumu Corporation (NASDAQ: QUMU), the leading provider of best-in-class video technology for the enterprise, announced preliminary financial results for its full year ended December 31, 2019. The preliminary financial results for 2019 are subject to the Company’s management and its independent auditors’ customary audit procedures.
Read more

Qumu Closes Public Offering of Common Stock Repays Term Debt in Full

Minneapolis, MN – November 13, 2019 – Qumu Corporation (NASDAQ: QUMU), the leading provider of best-in-class video technology for the enterprise, announced that on November 12, 2019 it closed on its previously announced underwritten public offering of 3,652,000 shares of its common stock. Craig-Hallum Capital Group acted as the sole managing underwriter for the offering. The net proceeds to Qumu from the offering were approximately $8.2 million, after deducting underwriting discounts and commissions and other estimated offering expenses payable by the company.
Read more