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Sonic Foundry reports 12th consecutive quarter of record sales for Mediasite
Sonic Foundry reports 12th consecutive quarter of record sales for Mediasite
Stock Option Trading By WTN News • 08/04/05 Madison, Wis., -- Sonic Foundry Inc. on Thursday reported significant revenue increases and a 12th consecutive quarter of record sales for its Mediasite communications systems, and reported reduced losses over the last nine months.
eBags.com is on a tear, the company reports. Holiday sales were up 101% this year over last and the company achieved its first profitable quarter, based on GAAP, cash expenses such as depreciation and amortization, eBags reported today. It also reported its third consecutive positive cash flow quarter.
Currency Day Trading In reporting its third quarter and nine-month period of fiscal 2005, the company said third-quarter revenues were 83 percent higher than those of last year's third quarter, rising from $1.2 million to $2.2 million.
By WTN News • 06 Madison, Wis. Sonic Foundry, based provider of rich media communications technology, has customized its Mediasite system to record presentations and play them as podcasts, which can be played on iPods and other handheld devices.
Financial Software Trading For the nine-month period, revenues rose 95 percent to $5.8 million, compared to $3 million, for the nine-month period in fiscal 2004. Continued market momentum and growth in Mediasite sales, coupled with growing customer support revenue, contributed to the significant increase, Sonic Foundry reported.
Stamps.com Reports Third Quarter 2003 Financial Results Revenue Up 32% Year over Year; Customer Acquisition Momentum Builds SANTA MONICA, October 29, Stamps.com™ ( STMP) today announced financial results for the third fiscal quarter ended September 30, 2003. Third quarter revenue was up 32% versus the same quarter last year, and up 7% versus the second fiscal quarter of 2003. In addition, the company reported an increase in customer acquisition during the third quarter, particularly with higher value Power Plan customers.
Online Stock Trading Company For the third quarter of 2005, the company's Mediasite sales jumped to $1.9 million, an increase of nearly $900,000 from the $959,000 recorded for the third quarter of fiscal 2004. Correspondingly, the number of Mediasite units sold almost doubled for the third quarter -- up from 68 in third quarter of last year to 131 for third quarter of fiscal 2005.
How high should sales growth be The three most recent quarters should each have strong sales growth of at least 25% compared to their year earlier quarters. Otherwise, sales growth should be accelerating in the last three consecutive quarters.
Forex Day Trading Contributing to the continued improvement were increased product revenues from Mediasite ML mobile unit sales to newly signed channel partners and international customers. As a result, the company experienced an inventory shortfall by selling out its entire stock of ML units for the quarter.
Solution Value Added Resellers (VARs) sized enterprises (SMEs) and a quarter comes from dealing with the enterprise sector, the report found.
Financial In Market Repeat and multi-unit customers this quarter included Baptist Health System, Booz Allen Hamilton, Domino's Pizza, East Carolina University, Northrop Grumman, Northwestern University, Penn State University, South Africa Dept. of Health, State of Wisconsin, University of Houston, University of Illinois, UCLA and USC.
Stock Trading System "There's a communications revolution happening in enterprises large and small and it's called rich media," Rimas Buinevicius, chairman and CEO of Sonic Foundry said in a release on the financial report. "We've spent the last two-plus years evangelizing and putting the infrastructure in place to stake a leadership claim in what is shaping up to be a great market opportunity. Through the introduction of our new product lines and service offerings, we're now positioned to truly help accelerate the market's adoption of this powerful communication medium."
Day Trading Stock Tip Sonic Foundry also reported that:
Financial Forex Forex Software Third quarter, gross margins rose to 64 percent compared to 62 percent a year ago.
Stock Market Trading Operating expenses increased in line with recent promotions, but the company believes that increased operating efficiency is now taking hold. For the third quarter, operating expenses increased slightly to $2.5 million compared to $2.3 million a year ago. The company reported that incremental sales and marketing expenses related to the launch of new products and activities at InfoComm 2005 resulted in higher operating expenses from the prior quarter.
Day Lesson Stock Tip Trading Cash used for operations decreased. Year-to-date, cash used in operating activities decreased 30 percent from $4.7 million cash used in fiscal 2004 to $3.3 million used this year.
Financial System Trading Sonic Foundry reported an improved net loss of $1.1 million, or three cents per share, versus a loss of $1.6 million, or five cents per share, for the third quarter of fiscal 2004. For the fiscal 2005 nine-month period, the company reported an improved loss of $3.4 million, or 11 cents per share, compared to a loss of $4.0 million, or 14 cents per share.
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