Qumu (NASDAQ:QUMU) reported its Q1 earnings results on Thursday, May 12, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Qumu missed estimated earnings by 23.81%, reporting an EPS of $-0.26 versus an estimate of $-0.21.
Revenue was down $880.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 5.56% drop in the share price the next day.
Here's a look at Qumu's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | -0.24 | -0.25 | -0.26 | -0.26 |
EPS Actual | -0.21 | -0.21 | -0.30 | -0.29 |
Revenue Estimate | 6.16M | 5.72M | 5.77M | 6.60M |
Revenue Actual | 5.91M | 6.42M | 5.87M | 5.82M |
To track all earnings releases for Qumu visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.