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Last $6.56 USD
Change Today -0.1249 / -1.87%
Volume 871.0
SOFO On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

sonic foundry inc (SOFO) Snapshot

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52 Week High
12/10/14 - $10.57
52 Week Low
08/11/15 - $5.30
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sonic foundry inc (SOFO) Details

Sonic Foundry, Inc. provides enterprise solutions and services for the Web communications market in the United States, Europe, the Middle East, Asia, and internationally. It offers Mediasite Enterprise Video Platform, a system to deliver live and on-demand interactive video to any user on any screen; Mediasite Cloud for video streaming and content management projects; and Mediasite Events that delivers turnkey video streaming solutions for hybrid events and meetings. The company also provides Mediasite Capture Solutions comprising My Mediasite that empowers faculty, trainers, staff, and students to create and share video, training modules, lectures, or assignments; Mediasite RL Recorders, an automated and schedule-driven content capture speeds user adoption, cuts publishing delays, and minimizes support requirements for live and on-demand streaming; Mediasite MultiView Recorders that captures and simul-stream multi-video content from up to four content sources; and Mediasite ML Recorders for on-the-go Webcasting, hybrid events, guest speakers, and conferences. In addition, it offers Mediasite Services, such as advanced integration, installation, and training services that enable organizations to maximize their return on video; and Mediasite Customer Assurance that provides maintenance and technical support services, as well as content hosting and event services. The company markets its products to educational institutions, corporations, and government agencies through reseller networks, direct sales, and partnerships with system integrators. Sonic Foundry, Inc. was founded in 1991 and is headquartered in Madison, Wisconsin.

183 Employees
Last Reported Date: 12/17/14
Founded in 1991

sonic foundry inc (SOFO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $452.7K
Chief Financial Officer and Secretary
Total Annual Compensation: $280.9K
Executive Vice President of Sales
Total Annual Compensation: $225.1K
Compensation as of Fiscal Year 2014.

sonic foundry inc (SOFO) Key Developments

University of Florida Selects Sonic Foundry, Inc.'s Mediasite Join Solution

Sonic Foundry, Inc. announced that University of Florida (UF) has added Mediasite Join to its set of tools for recording, storing and managing distance learning courses, collaborative meetings and special events that occur over video conferences. Mediasite Join, a cloud-based solution, expands the reach, life and value of any video conference by recording and transforming it into engaging, searchable video on-demand. With no additional appliances or equipment, it's the easiest way to preserve everything that is said and shown in a collaborative classroom or meeting. Users simply invite Mediasite Join as a participant to their video conferences. It then transcodes, indexes and publishes recorded calls to Mediasite alongside all their other video assets.

Sonic Foundry, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2015; Provides Gross Margin Guidance for the Fourth Quarter of 2015 and Reaffirms Earnings Guidance for the Year 2015

Sonic Foundry, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2015. For the quarter, the company has posted total revenue was $10,556,000 against $11,267,000 a year ago. Loss from operations was $885,000 against $77,000 a year ago. Loss before income tax was $1,006,000 against $136,000 a year ago. Net loss was $921,000 or $0.21 basic and diluted per share against net income of $33,000 or $0.01 basic and diluted per share a year ago. Adjusted EBITDA was $129,000 against $597,000 a year ago. For the nine months, the company has posted total revenue was $27,403,000 against $27,351,000 a year ago. Loss from operations was $3,184,000 against $1,725,000 a year ago. Loss before income tax was $3,270,000 against $456,000 a year ago. Net loss was $3,303,000 or $0.76 basic and diluted per share against $1,528,000 or $036 basic and diluted per share a year ago. Net cash used in operating activities was $2,363,000 against $1,353,000 a year ago. Purchases of property and equipment were $611,000 against $562,000 a year ago. The company do expect to see fourth quarter gross margins increase from the end of third and that full year gross margins will approximate last year's gross margin rates. The company is reaffirming fiscal 2015 guidance of billings of between $41 and $42 million, adjusted EBITDA of between $1.5 and $2.5 million and a net loss of between $1 and $2 million.

Sonic Foundry, Inc. to Report Q3, 2015 Results on Aug 13, 2015

Sonic Foundry, Inc. announced that they will report Q3, 2015 results at 4:30 PM, US Eastern Standard Time on Aug 13, 2015


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