Tag Archives: Preliminary

MINNEAPOLIS–(BUSINESS WIRE)–Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology for organizations of all sizes, today reported preliminary financial results for the fourth quarter and its full year ended December 31, 2020. The preliminary financial results for 2020 are subject to the Company’s management’s and its independent auditors’ customary audit procedures.

Fourth quarter 2020 revenue is expected to be approximately $6.9 million and full year 2020 revenue is expected to be approximately $29.1 million, representing an approximately 14.6% increase over 2019 revenue of $25.4 million and achievement of the Company’s revenue guidance of $29.0 million. For the fourth quarter 2020, subscription, maintenance and support revenue…

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the assignment of preliminary ratings to six classes of ONYP 2020-1NYP, a CMBS single-borrower securitization.

The collateral for the transaction is an $835.0 million non-recourse mortgage loan. The floating rate loan has an initial two-year term with three, one-year extension options, and requires monthly interest-only payments based on one-month LIBOR. The loan is secured by the borrower’s fee simple interest in One New York Plaza, a 50-story, Class-A, office tower containing approximately 2.6 million sf located in Downtown Manhattan. The LEED Gold certified tower includes approximately 2.5 million sf of office space, 39,219 sf of retail space, 33,726 sf of storage space, and a subterranean parking garage…

The Company Exceeded its Fourth Quarter and Full Year Fiscal 2020 Guidance

The Company Announces CFO Transition

SAN MATEO, Calif.–(BUSINESS WIRE)–#ModelN–Model N, Inc. (NYSE: MODN), the leading provider of cloud revenue management solutions for Life Sciences and High Tech companies, today announced preliminary results for the fourth quarter and fiscal year 2020 ended September 30, 2020 and the transition of its CFO.

“I’m pleased to share that our preliminary fourth quarter results exceeded all revenue and profitability measures in our guidance, and I look forward to discussing the details on our upcoming earnings call on November 10th,” said Jason Blessing, Model N’s Chief Executive Officer. “The Model N team continues to execute strongly. Our sales strategy…