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Qumu Corp (QUMU.OQ)

QUMU.OQ on NASDAQ Stock Exchange Capital Market

2.30USD
19 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Qumu Enters Amendment No. 1 To Certain Standstill Agreement With Harbert
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Qumu Corp ::QUMU CORP - ON OCT 25, 2018, CO ENTERED AMENDMENT NO. 1 TO CERTAIN STANDSTILL AGREEMENT WITH HARBERT - SEC FILING.QUMU CORP - THROUGH AMENDMENT, HARBERT ALSO AGREED TO APPEAR IN PERSON OR BY PROXY AT CO'S 2019 ANNUAL MEETING OF SHAREHOLDERS.QUMU - HARBERT TO VOTE ALL SHARES OF COMMON STOCK BENEFICIALLY OWNED BY IT IN FAVOR OF ELECTION OF CO'S NOMINEES FOR ELECTION TO BOARD.QUMU- THROUGH AMENDMENT, CO AGREED TO NOMINATE AND SOLICIT PROXIES FOR ELECTION OF KENAN LUCAS AND NEIL E. COX AT 2019 ANNUAL MEETING OF SHAREHOLDERS.QUMU CORP - THROUGH AMENDMENT, CO AND HARBERT ALSO AGREED TO EXTEND "STANDSTILL PERIOD".  Full Article

Qumu Reports Q2 Loss Per Share $0.16
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Qumu Corp ::QUMU ANNOUNCES SECOND QUARTER 2018 RESULTS, REPORTS STRONG LICENSE REVENUE GROWTH.Q2 LOSS PER SHARE $0.16.Q2 REVENUE $7.6 MILLION VERSUS $6.7 MILLION.SEES FY 2018 REVENUE ABOUT $25 MILLION.  Full Article

Qumu Q4 Loss Per Share $0.35
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Qumu Corp ::QUMU ANNOUNCES FOURTH QUARTER AND YEAR-END 2017 RESULTS.Q4 LOSS PER SHARE $0.35.Q4 REVENUE $7.2 MILLION VERSUS $9.3 MILLION.SEES FY 2018 REVENUE ABOUT $25 MILLION.‍CORE BOOKINGS GROWTH IS EXPECTED TO BE 25% IN 2018, COMPARED TO 2017, EMPHASIZING GROWTH IN SALES OF QX PLATFORM​.‍ADJUSTED EBITDA LOSS FOR 2018 IS EXPECTED TO BE APPROXIMATELY $3.5 MILLION​.EXPECTS TO ACHIEVE POSITIVE ADJUSTED EBITDA IN Q4 OF 2018​.‍NET LOSS FOR 2018 IS EXPECTED TO BE APPROXIMATELY $9.0 MILLION​.  Full Article

Palogic Value Management Reports A 9.9 Pct Stake In Qumu
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Qumu Corp ::PALOGIC VALUE MANAGEMENT LP REPORTS A 9.9 PCT STAKE IN QUMU CORP AS OF DEC 19 - SEC FILING.PALOGIC VALUE MANAGEMENT LP SAYS ACQUIRED SHARES OF COMMON STOCK OF QUMU CORP FOR "INVESTMENT PURPOSES".PALOGIC VALUE-HAVE, MAY IN FUTURE, ENGAGE IN TALKS WITH QUMU'S MANAGEMENT,BOARD,AND/OR SHAREHOLDERS ABOUT, AMONG OTHER THINGS, POTENTIAL DEALS, OTHER.  Full Article

Harbert Discovery Fund Says Agreed To Nominate 7 Persons For Election To Qumu's Board
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Harbert Discovery Fund::HARBERT DISCOVERY FUND - UNDER STANDSTILL AGREEMENT, HARBERT AGREED TO NOMINATE 7 PERSONS FOR ELECTION TO QUMU'S BOARD AT 2018 ANNUAL MEETING.HARBERT DISCOVERY - AUTHORIZED NUMBER OF QUMU DIRECTORS IMMEDIATELY FOLLOWING 2018 ANNUAL MEETING TO REMAIN AT 7 AT ALL TIMES DURING STANDSTILL PERIOD.HARBERT DISCOVERY FUND - PURCHASED QUMU SECURITIES BASED ON BELIEF THAT SECURITIES WERE UNDERVALUED, REPRESENTED ATTRACTIVE INVESTMENT OPPORTUNITY.  Full Article

Qumu Names David Ristow As CFO
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Qumu Corp ::QUMU NAMES DAVID RISTOW AS CHIEF FINANCIAL OFFICER.QUMU CORP - RISTOW HAS BEEN CO'S INTERIM CHIEF FINANCIAL OFFICER SINCE NOVEMBER 7, 2017.  Full Article

Qumu announces compliance with financial covenants and amendment to credit agreement
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Qumu Corp ::Qumu announces compliance with financial covenants and amendment to credit agreement.Qumu - ‍forecasts ongoing compliance with financial covenants and ongoing ability to continue as going concern​.  Full Article

Qumu Corp reports Q3 revenue of $7.6 mln
Wednesday, 1 Nov 2017 

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.  Full Article

Qumu announces departure of chief financial officer
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Qumu Corp ::Qumu announces departure of chief financial officer.Qumu Corp - ‍CFO Peter Goepfrich will be leaving company effective November 6, 2017​.Qumu Corp - ‍company expects to identify a candidate to act as interim CFO in short term​.Qumu Corp - ‍company will also engage a search firm to recruit a successor chief financial officer​.  Full Article

Harbert Discovery Fund 6.2 pct stake in Qumu Corp
Monday, 3 Apr 2017 

Qumu Corp : Harbert Discovery Fund LP reports 6.2 percent stake in Qumu Corp as of March 24, 2017 . Harbert Discovery Fund LP - purchased securities of Qumu Corp based on their belief that the securities were "undervalued" .Harbert Discovery Fund LP -anticipate having further conversations with members of Qumu's management, board regarding possible ways to enhance shareholder value.  Full Article