Sonic Foundry (SOFO) Releases Quarterly Earnings Results

Sonic Foundry (NASDAQ:SOFO) announced its quarterly earnings results on Thursday. The software maker reported ($0.23) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Sonic Foundry had a negative net margin of 9.03% and a negative return on equity of 178.42%. The company had revenue of $8.70 million for the quarter.

Shares of NASDAQ SOFO traded down $0.28 during midday trading on Friday, hitting $2.01. 36,600 shares of the company traded hands, compared to its average volume of 7,919. Sonic Foundry has a 12-month low of $1.90 and a 12-month high of $3.96. The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 1.00.

Sonic Foundry Company Profile

Sonic Foundry, Inc provides enterprise solutions and services for the Web communications market in the United States and internationally. It offers Mediasite Video Platform, an on-premises solution to publish, stream, manage, search, and analyze videos; and Mediasite Video Cloud, a solution, which provides hosting and management of content.

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Earnings History for Sonic Foundry (NASDAQ:SOFO)

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