Northland Capital initiated coverage on Qumu with a new price target
$QUMU
Retail: Computer Software & Peripheral Equipment
Technology
Northland Capital initiated coverage of Qumu with a rating of Outperform and set a new price target of $12.00
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MARKHAM, ON, June 12, 2023 /CNW/ - Enghouse Systems Limited (TSX:ENGH) today announced its second quarter unaudited financial results for the period ended April 30, 2023. All the financial information is in Canadian dollars unless otherwise indicated. Financial and operational highlights for the three and six months ended April 30, 2023 compared to the three and six months ended April 30, 2022 are as follows: Revenue achieved was $113.5 and $219.9 million, respectively, compared to revenue of $106.3 and $217.4 million;Results from operating activities was $25.6 and $55.5 million, respectively, compared to $31.1 and $66.8 million;Net income was $12.5 and $29.6 million, respectively, compared
Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230208005830/en/ Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly
Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering MARKHAM, ON and MINNEAPOLIS , Feb. 8, 2023 /PRNewswire/ - Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU). Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly owned subsidiary of Enghouse. Qumu will now join Enghouse's Interac
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Craig-Hallum downgraded Qumu from Buy to Hold and set a new price target of $6.00
Colliers Securities resumed coverage of Qumu with a rating of Hold
Northland Capital initiated coverage of Qumu with a rating of Outperform and set a new price target of $12.00
MARKHAM, ON, June 12, 2023 /CNW/ - Enghouse Systems Limited (TSX:ENGH) today announced its second quarter unaudited financial results for the period ended April 30, 2023. All the financial information is in Canadian dollars unless otherwise indicated. Financial and operational highlights for the three and six months ended April 30, 2023 compared to the three and six months ended April 30, 2022 are as follows: Revenue achieved was $113.5 and $219.9 million, respectively, compared to revenue of $106.3 and $217.4 million;Results from operating activities was $25.6 and $55.5 million, respectively, compared to $31.1 and $66.8 million;Net income was $12.5 and $29.6 million, respectively, compared
Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230208005830/en/ Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly
Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering MARKHAM, ON and MINNEAPOLIS , Feb. 8, 2023 /PRNewswire/ - Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU). Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly owned subsidiary of Enghouse. Qumu will now join Enghouse's Interac
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Qumu Corporation (NASDAQ:QUMU), a leading provider of cloud-based enterprise video technology, today announced the results of its 2022 Annual Meeting of Shareholders held Thursday, June 2, 2022 at 2:00 p.m. Mountain Time with respect to all proposals described in Qumu's notice and proxy statement filed with the Securities and Exchange Commission on May 2, 2022. A total of 13,846,935 shares of Qumu common stock were represented at the Annual Meeting, which is approximately 77.5% of the shares outstanding as of the close of business on the record date of April 25, 2022. At the Annual Meeting, each director nominee was elected to serve as a director of the Company. Further, shareholders appr
LONDON, May 12, 2022 /PRNewswire/ -- Blackbird plc (AIM: BIRD) (OTCQX:BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird, today announces the appointment of Sumit Rai as Chief Product Officer. Sumit will join the Company in June 2022 from VEGAS Creative Software where he holds the same role. Sumit has over 23 years leadership experience in the video and film industry. Starting off as a visual effects and video editor in news production, children's TV and film, Sumit progressed to Chief Technology Officer at Pukka Films developing an innovative, award-winning production facility before founding Kulu Valley. Providing ente
Qumu Corporation (NASDAQ:QUMU), a leading provider of cloud-based enterprise video technology, has appointed current Chief Operating Officer Rose Bentley as its new President and Chief Executive Officer, effective April 16, 2022. Bentley succeeds TJ Kennedy, who is leaving the company to pursue an opportunity with a company in the public safety industry. Bentley's election to the Qumu Board of Directors will become effective concurrently with her appointment as CEO. "On behalf of the board of directors, I would like to thank TJ for his contributions in transforming Qumu into a leading cloud-first company. We wish TJ all the best in his future pursuits," said Chair of the Board Neil E. Cox.