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Last $6.81 USD
Change Today -0.0699 / -1.02%
Volume 724.0
SOFO On Other Exchanges
As of 8:10 PM 05/29/15 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
07/2/14 - $11.60
52 Week Low
05/18/15 - $5.98
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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, Chief Technology Off...
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

Marshall B. Ketchum University Selects Sonic Foundry's Mediasite

Sonic Foundry, Inc. announced that Marshall B. Ketchum University in Fullerton, California, has selected Sonic Foundry's Mediasite for campus-wide lecture capture and video management. To accelerate even wider use, the university uses My Mediasite Desktop Recorder for faculty and staff to create and share videos, lectures and assignments from any device and location.

Sonic Foundry, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2015; Revises Earnings Guidance for the Year 2015

Sonic Foundry, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2015. For the quarter, the company reported total revenues of $8.106 million compared to $8.878 million a year ago. Loss from operations was $1.072 million against $1.022 million a year ago. Loss before income taxes was $1.142 million against income before income taxes of $0.300 million a year ago. Net loss was $1.350 million or $0.31 per basic and diluted share against $0.871 million or $0.21 per basic and diluted share a year ago. Adjusted LBITDA was $0.301 million against adjusted EBITDA of $0.984 million a year ago. Consolidated billings decreased year-over-year by 12% overall. Coupled with EBITDA loss and some working capital changes, capital expenditures and payments of debt drove the decrease in cash. For the six months, the company reported total revenue of $16.847 million against $16.084 million a year ago. Loss from operations was $2.299 million against $1.648 million a year ago. Loss before income taxes was $2.264 million against $0.320 million a year ago. Net loss was $2.382 million or $0.55 per basic and diluted share against $1.561 million or $0.38 per basic and diluted share a year ago. Net cash used in operating activities was $2.302 million against $1.249 million a year ago. Purchases of property and equipment were $0.465 million against $0.366 million a year ago. As a result of the impact of currency rate changes in Japan and Europe, continued construction delays in Japan as well as timing of domestic opportunities compared to last year, the company is revising the fiscal 2015 guidance provided previously for billings to 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 Q2, 2015 Results on May 14, 2015

Sonic Foundry, Inc. announced that they will report Q2, 2015 results at 3:30 PM, Central Standard Time on May 14, 2015


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