Qumu GAAP EPS of -$0.08 beats by $0.09, revenue of $5.47M beats by $0.18M
- Qumu press release (NASDAQ:QUMU): Q4 GAAP EPS of -$0.08 beats by $0.09.
- Revenue of $5.47M (-20.7% Y/Y) beats by $0.18M.
- Qumu’s management reiterated its expectation that SaaS recurring revenue will comprise approximately 65% of its overall recurring revenue mix by the end of 2022, with targeted growth to approximately 75% of recurring revenue mix by the end of 2023.