Sonic Foundry, Inc.

SOFO

US83545R2076

IT Services & Consulting

Market Closed - OTC Markets Other stock markets 12:36:02 2024-04-25 pm EDT			5-day change	1st Jan Change
0.0003 ^USD	0.00%		0.00%	-99.85%

Mar. 22	Sonic Foundry, Inc. Announces Resignation of Members of the Board	CI
Mar. 08	Sonic Foundry, Inc. Announces Mark D. Burish Intention to Resign from the Board of Directors	CI

Sonic Foundry, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023

August 10, 2023 at 04:07 pm EDT

Sonic Foundry, Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported revenue was USD 5.78 million compared to USD 6.47 million a year ago. Net loss was USD 7.87 million compared to USD 1.5 million a year ago. Basic loss per share from continuing operations was USD 0.65 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.65 compared to USD 0.14 a year ago.
For the nine months, revenue was USD 16.53 million compared to USD 20.96 million a year ago. Net loss was USD 15.63 million compared to USD 4.37 million a year ago. Basic loss per share from continuing operations was USD 1.31 compared to USD 0.46 a year ago. Diluted loss per share from continuing operations was USD 1.31 compared to USD 0.46 a year ago.

Latest news about Sonic Foundry, Inc.

Sonic Foundry, Inc. Announces Resignation of Members of the Board	Mar. 22	CI
Sonic Foundry, Inc. Announces Mark D. Burish Intention to Resign from the Board of Directors	Mar. 08	CI
Enghouse Systems Limited, Enghouse (Netherlands) Holding B.V., Enghouse Holdings (Uk) Limited and Enghouse Interactive Inc. completed the acquisition of MediaSite K.K. and Sonic Foundry International B.V. and Assets of MediaSite business from Sonic Foundry, Inc. and Sonic Foundry Media Systems, Inc.	Feb. 08	CI
Transcript : Sonic Foundry, Inc. - Shareholder/Analyst Call	Feb. 06
Sonic Foundry, Inc. Reports Earnings Results for the Full Year Ended September 30, 2023	Jan. 04	CI
Enghouse Systems Limited entered into a definitive agreement to acquire Mediasite business from Sonic Foundry, Inc. for $15.5 million.	Jan. 03	CI
Sonic Foundry, Inc.(OTCPK:SOFO) dropped from S&P TMI Index	Dec. 07	CI
Sonic Foundry, Inc.(OTCPK:SOFO) dropped from NASDAQ Telecom Index	Dec. 06	CI
Maxim Downgrades Sonic Foundry to Hold From Buy	Dec. 05	MT
Sonic Foundry, Inc.(OTCPK:SOFO) dropped from NASDAQ Composite Index	Dec. 04	CI
Sonic Foundry, Inc.'S Vidable®? Launches AI Video Platform	23-10-31	CI
Sonic Foundry's Global Learning Exchange?? Announces Partnership with Virtual Internships	23-10-18	CI
Sonic Foundry, Inc.'s Global Learning Exchange? Announces Partnership with UNINETTUNO	23-09-28	CI
Sonic Foundry?s Global Learning Exchange? Announces Partnership with Penn Foster Group	23-08-15	CI
Earnings Flash (SOFO) SONIC FOUNDRY Posts Q3 Revenue $5.8M	23-08-10	MT
Sonic Foundry, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023	23-08-10	CI
Top Midday Gainers	23-06-15	MT
Sonic Foundry’s Vidable™ Announces Plans for New Offering of Events-Focused AI Solutions	23-06-15	CI
Earnings Flash (SOFO) SONIC FOUNDRY Reports Q2 Revenue $5.7M	23-05-11	MT
Sonic Foundry, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2023	23-05-11	CI
Sonic Foundry's Global Learning Exchange™ Announces Partnership with Colorado State University Global	23-04-26	CI
Sonic Foundry, Inc. Announces its Global Learning Exchange™ Finalizes Partnership Agreement with EC-Council University	23-03-21	CI
Transcript : Sonic Foundry, Inc. - Shareholder/Analyst Call	23-03-10
Earnings Flash (SOFO) SONIC FOUNDRY Reports Q1 Revenue $5M	23-02-09	MT
Sonic Foundry, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2022	23-02-09	CI

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Company Profile

Sonic Foundry, Inc. is engaged in developing comprehensive video recording and streaming solutions for corporations, health organizations and government entities. The Company's brands include Vidable and Global Learning Exchange (GLX). Vidable brand is an artificial intelligence (AI)-powered solution that turns an organization's video libraries into dynamic knowledge bases. Vidable is an AI-solution with three features: Vidable Assistant, Vidable Insights, and Vidable Transformations. Global Learning Exchange provides students in emerging countries access to higher education. GLX offers coursework, degree programs and certifications through partnerships with seven United States and European Union Universities and two skill-based certification providers through partnerships with approximately seven United States (US) and European Union (EU) Universities and two skill-based certification providers.

Sector

IT Services & Consulting

Calendar

2024-05-08 - Q2 2024 Earnings Release (Projected)

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