Last $12.49 USD
Change Today +0.24 / 1.96%
Volume 127.6K
QUMU On Other Exchanges
As of 5:20 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

qumu corp (QUMU) Snapshot

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03/24/14 - $18.09
52 Week Low
12/12/13 - $11.52
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qumu corp (QUMU) Details

Qumu Corporation operates in the enterprise video content management software and disc publishing businesses. It offers enterprise video content management software that allow organizations to capture, organize, and distribute live and on-demand video content; and Signal, a secure online content delivery solution that pushes content to tablets, smart phones, and personal computers. The company also provides customers with solutions that archive, distribute, and protect content on CDs, DVDs, and Blu-ray Discs. In addition, it distributes related consumables for use with its disc publishing systems consisting of media kits, ribbons, and ink cartridges, as well as blank CD-R, DVD-R, and Blu-ray media. The company operates in North America, Europe, Asia, and Latin America. The company was formerly known as Rimage Corporation and changed its name to Qumu Corporation in September 2013. Qumu Corporation was founded in 1978 and is based in Minneapolis, Minnesota.

259 Employees
Last Reported Date: 03/14/14
Founded in 1978

qumu corp (QUMU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $375.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $294.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $233.1K
Compensation as of Fiscal Year 2013.

qumu corp (QUMU) Key Developments

Kulu Valley, Qumu Corporation - M&A Call

To discuss on acquisition of Kulu Valley

Qumu Corporation Reiterates Revenue Guidance for 2014 and Provides Revenue Guidance for 2015

Qumu reiterated its guidance for 2014 and provided an outlook for 2015. For 2014, without any impact from Kulu Valley, the company continues to expect its annual software contracted commitments to grow at greater than 50% compared with 2013. It continues to expect 2014 software revenue to increase at least 30% over 2013 software revenue. For 2015, with continued strong market growth, Qumu's investments and successful execution in 2014, and the acquisition of Kulu Valley, the company now expects 2015 revenue growth to exceed 60% compared to 2014. In addition, Qumu expects that the scale benefits from this increased revenue growth will be a key driver for increasing 2015 gross margins to closer to 60%.

Qumu Corporation Releases Mobile App 2.0

Qumu Corporation announced the availability of their fully updated Qumu Mobile App 2.0. Qumu is extending its capabilities to address the broad reach of requirements for the modern workplace. Version 2.0 of the Qumu Mobile App, available for iOS, Android, and Windows devices, features an enhanced user experience encompassing numerous social elements related to video collaboration and communication. Mobile platforms must provide capabilities designed specifically for their environments while incorporating and capitalizing upon the power of their core video content management and delivery platforms. As such, additional improvements in the 2.0 app include movable, customizable display pods, a more intuitive navigation menu, and an improved player page experience so viewers can move between video, slides or a combination of the two with a simple push of a button. Off-line viewing and policy-based control over video content on the device are also enabled through Secure Download, a new capability integrating key elements of Qumu's Signal technology and core Video Control Center (VCC) architecture with the mobile app. Organizations can now easily control any scale of internal or external subscriptions to video content, enabling or restricting viewing as well as deletion of the content from devices based upon simple controls. The Qumu Mobile App 2.0 supports both Qumu's VCC 6 as well as VCC 7, with several enhancements that take specific advantage of improvements to VCC 7. This gives organizations the option to utilize the VCC version that best suits their needs. On either version of the platform, mobile users are able to watch, comment on and even upload videos simply, easily, and securely. Beyond these features, Qumu has also focused on increasing the ease of customization by making it simple for organizations to brand and tailor the app through simple adjustments within the app itself. This adds to capabilities that enable customers and partners to integrate seamlessly between their existing IT investments and the mobile app via the updated Qumu SDK, which in turn will lead to exciting new video-enabled business applications.


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