According to Zacks, “Qumu Corp. provides enterprise video solutions. The company offers a media appliance for video creation and distribution, an enterprise video platform to manage process stages in a video’s lifecycle, a solution to manage and deliver live Webcasts and digital signage software to deliver corporate video communications and other content to displays in reception areas, lobbies, lunchrooms, waiting areas and other gathering places. It serves financial services, communications, manufacturing, and professional services markets. Qumu Corp., formerly known as Rimage Corporation, is based in Minneapolis, United States. “
Several other equities analysts have also commented on the company. ValuEngine upgraded Qumu from a “hold” rating to a “buy” rating in a research report on Thursday, March 21st. Craig Hallum upgraded Qumu from a “hold” rating to a “buy” rating in a research report on Wednesday, March 6th.
Qumu (NASDAQ:QUMU) last announced its quarterly earnings data on Tuesday, March 5th. The technology company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.06. Qumu had a negative return on equity of 58.61% and a negative net margin of 14.46%. As a group, research analysts expect that Qumu will post -0.46 EPS for the current fiscal year.
Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers Qumu Qx Enterprise Video Platform, 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.
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