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Qumu Corp's (QUMU) CEO Vernon Hanzlik on Q1 2018 Results - Earnings Call Transcript

May 02, 2018 3:38 PM ETEnghouse Systems Limited (ENGH:CA)
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Qumu Corp (QUMU) Q1 2018 Earnings Conference Call May 2, 2018 10:00 AM ET


David Ristow - CFO

Vernon Hanzlik - President, CEO & Director


Jeffrey VanRhee - Craig-Hallum Capital Group

Ryan Vardeman - Palogic


Good morning. My name is James and I will be your conference operator today. At this time, I'd like to welcome everyone to the Qumu First Quarter 2018 Conference Call. [Operator Instructions]. Thank you. I'd now like to introduce CFO, Dave Ristow. Mr. Ristow, the floor is yours.

David Ristow

Good morning and thank you for joining our first quarter 2018 earnings conference call. Our comments today may include forward-looking statements related to our expectations, plans and prospects. These statements are based on information available to us at the time of this presentation and by their nature involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Risks and uncertainties associated with our business are described in our most recent Annual Report on Form 10-K. Any unreleased features or services referenced in this presentation or other public statements are not currently available and may not be delivered on time or at all. Customers who purchase our products or services should make sure that their decisions are based on features that are currently available. We assume no obligation to and do not intend to update any forward-looking statements.

Now, I turn the call over to Vern.

Vernon Hanzlik

Thank you, Dave, and welcome everyone. In Q1 we began to see a strong momentum towards our goals. This included a surge in customer opportunities, new strategic partnerships from around the globe and we received and continue to receive accolades from both the media and industry analysts. This new momentum is not yet reflected in our numbers. With that in mind, first quarter revenue

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