21.10.2022 - Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology, today announced that it will hold its conference call and webcast on Thursday, October 27, 2022 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to .
Continued Execution of Transformational Cloud Growth Strategy Drives 15% Increase in Quarterly SaaS Revenue and 10% Increase in SaaS Annual Recurring Revenue
SaaS Revenue Accounted for 54% of Total. | May 12, 2022
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Qumu Secures $10 Million Revolving Credit Facility, Providing Additional Financial Flexibility to Execute SaaS Growth Strategy
Qumu Secures $10 Million Revolving Credit Facility, Providing Additional Financial Flexibility to Execute SaaS Growth Strategy Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology for organizations of all sizes, has closed a $10 million revolving credit facility with Wells Fargo Bank, NA. The revolving credit facility availability is determined by recurring revenue, and has a maturity date of January 15, 2023. This new credit facility enhances our financial flexibility, further supporting our ability to prudently invest in growth opportunities and manage working capital, said Dave Ristow, Qumu Chief Financial Officer. These benefits are important as we continue to execute our long-term strategic roadmap to position Qumu as a cloud-first organization and drive susta