Qumu Corporation (NASDAQ:QUMU) is set to announce third quarter earning results on Tuesday 27th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, QUMU to report 3Q20 loss of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 29.03 million, while looking forward to loss of $ 0.47 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 29.00 million ~ $ 29.00 million
Click Here For More Historical Outlooks Of Qumu Corporation
Previous Quarter Performance
Qumu Corporation came out with loss for the second quarter of $ 0.06 per share, from the revenue of $ 9.33 million. The quarterly revenues developed 73.74 percent compared with the same quarter last year. The consensus estimates are income of $ 0.01 per share from $ 9.31 million in revenue. The top line results outshined analysts by $ 0.02 million or 0.21 percent.
Stock Performance
Shares of Qumu Corporation traded up $ 0.16 or 3.33 percent on Friday, reaching $ 4.96 with volume of 57.70 thousand shares. Qumu Corporation has traded high as $ 5.00 and has cracked $ 4.70 on the downward trend
According to the previous trading day, closing price of $ 4.96, representing a 284.00 % increase from the 52 week low of $ 1.25 and a 23.69 % decrease over the 52 week high of $ 6.29.
The company has a market capital of $ 67.07 million and is part of the Technology sector and Software – Application industry.
Conference Call
Qumu Corporation will be hosting a conference call at 4:30 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.qumu.com
Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers an end-to-end video creation, management, and delivery solution through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform. The company also provides maintenance and support, professional, and other services.
