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Sonic Foundry Announces Fiscal 2019 Third Quarter Financial Results

Aug 13, 2019 - GlobeNewswire

MADISON, Wis., Aug. 13, 2019 (GLOBE NEWSWIRE) -- Sonic Foundry (OTC Pink Sheets: SOFO) today announced consolidated financial results for its fiscal 2019 third quarter ended JuneĀ 30, 2019.

Fiscal 2019 Third Quarter Highlights

Total revenues were $10.1 million ($10.2 million without distribution impact) compared to $8.7 million in the third quarter of 2018Gross margin was $7.4 million or 73 percent of sales compared to $6.4 million or 74 percent of sales in the third quarter of 201...