Reuters logo
BRIEF-Qumu Corp reports Q3 revenue of $7.6 mln
November 1, 2017 / 1:20 AM / in 23 days

BRIEF-Qumu Corp reports Q3 revenue of $7.6 mln

Nov 1 (Reuters) - Qumu Corp -

* Qumu announces third quarter 2017 results

* Q3 revenue $7.6 million

* Sees q4 loss per share $0.10 to $0.15

* Sees q4 2017 revenue $8.5 million to $9.5 million

* Sees fy 2017 revenue $29.4 million to $30.4 million

* For fy 2017, ‍total gross margin percentage is expected to improve from low 60s early in year to mid 60s late in year​

* Sees ‍loss per share of $1.00 to $1.05 for fy 2017

* Continuing to negotiate with hcp-fvd, llc & hale capital partners abt covenants,potential amendment of /waiver to credit agreement

* ‍Ability to continue as going concern is dependent upon maintaining compliance with covenants of term loan credit agreement with hcp-fvd Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below