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SOFO — Sonic Foundry News Story

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Brief: Sonic Foundry Q3 loss per share $0.13

Aug 11 (Reuters) - Sonic Foundry Inc  SOFO.O  
    * Sonic foundry announces fiscal 2016 third quarter 
financial results 
    * Q3 loss per share $0.13 
    * "we expect stronger sales from japan in q4" 
    * Reiterating fiscal 2016 guidance of net income between 
breakeven and $1.0 million 
    * Sonic foundry inc qtrly total revenues of $9.8 million, 
down 7% compared to q3 of 2015 
    * Company expects to recognize $3.9 million as revenue in q4 
of fiscal 2016 
    * Reiterating fiscal 2016 guidance of billings between $42 
and $45 million, adjusted ebitda of between $3.5 and $4.5 
million 
 
Source text for Eikon:  ID:nBw14Lmy9a  
Further company coverage:  SOFO.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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