SOFO - Dividend announcements

Sonic Foundry, Inc. (NASDAQ:SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal first quarter ended December 31, 2022. Highlights for the First Quarter Ended December 31, 2022: Total revenue was $5.0 million compared to $7.3 million in the prior-year quarter primarily due to client delays in renewals of support contracts due to macro environment concerns, foreign currency impact on Japanese operations, and supply chain disruptions. Gross margin was 61% of revenue versus 71% of revenue in the prior year quarter, primarily due to accelerated depreciation on hosting infrastr

Sonic Foundry, Inc. (NASDAQ:SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its fiscal 2022 third quarter ended June 30, 2022. Highlights for the Third Quarter Ended June 30, 2022: Total revenue was $6.5 million compared to $8.7 million in the prior-year quarter primarily due to a reduction in the number and size of events as customers began to go back to in-person events, client delays in renewals of support contracts due to macro environment concerns, foreign currency impact on Japanese operations, and a lower base of deferred revenue at the start of the quarter. Gross margin was 7

MADISON, Wis., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (NASDAQ:SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its first quarter 2022 ended December 31, 2021. Highlights for the First Quarter Ended December 31, 2021: Total revenue was $7.3 million compared to $9.2 million in the prior year quarter primarily due to reduced event revenue associated with in-person events being cancelled or delayed as a result of COVIDGross margin was 71% of sales versus 74% of sales in the comparable quarter, reflecting hardware cost increases from global supply chain pressureNet loss attrib