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Benzinga

Recap: Qumu Q1 Earnings

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.