Sonic Foundry to Postpone Earnings Conference Call for its Fourth Quarter and Fiscal 2017 Results
MADISON, Wis. — December 07, 2017 — Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted global leader for video creation and management solutions, today announces that it is postponing its earnings conference call originally scheduled to be held today at 4:30 p.m. ET. The delay is to allow additional time to re-evaluate the company’s non-cash intangible assets. When complete, the evaluation will include the company’s recent decline in stock price as a variable in the assessment.
About Sonic Foundry®, Inc.
Sonic Foundry (NASDAQ:SOFO) is the global leader for video capture, management and streaming solutions. Trusted by more than 4,700 educational institutions, corporations, health organizations and government entities in over 65 countries, its Mediasite Video Platform quickly and cost-effectively automates the capture, management, delivery and search of live and on-demand streaming videos. Leading research firms Aragon, Forrester, Wainhouse and Frost & Sullivan recognize Sonic Foundry as a leader in enterprise video, webcasting and lecture capture. Learn more at www.sonicfoundry.com and @mediasite.
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Director of Communications