– big ideas for global investors Search
   Member Access       Sign-up       Newsfeeds        Companies        Stock Directories       Research       Video       Funding   

Sonic Foundry, Inc. (SOFO) Research Update Released

Ideas get bigger when you share them...

New York, NY - February 26, 2014 ( newswire) Taglich Brothers released an updated research report on Sonic Foundry, Inc. (SOFO) and reiterated a Speculative Buy rating with a 12-month price target of $12.20 per share. The report noted the following key investment considerations:

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner
  • US domestic growth potential is substantial. Only 10,000 out of 225,000 US higher education classrooms are equipped with a comprehensive lecture capture system.
  • 1,500+ US education institutions use SOFO’s Mediasite lecture capture recorder technology in approximately 4,100 classrooms. Leverage of existing relationships and new institutional accounts are driving growth. Two significant new US Mediasite placements are at the Stanford School of Medicine and Ohio State University.
  • The global lecture capture education market is vast, with approximately 17,000 international post-secondary institutions. We estimate less than 1% of foreign educational institutions use Mediasite technology. In FY14, the company was awarded contracts from the University of Leeds for lecture capture and enterprise-wide video.
  • Student demand is driving the lecture capture market. Studies indicate lecture capture improves grades, enriches the learning experience, and increases student recruitment.
  • In 1Q14 sales (reported 2/13/14) increased 10% to $7.2 million due to higher services sales reflecting an increase in events services, partly offset by lower average selling prices of Mediasite recorders. The loss increased to ($0.17) per share vs. ($0.04) due to higher than anticipated expenses including $450,000 in acquisition costs. We forecasted sales of $6.4 million and loss of ($0.21) per share.
  • For FY14, we project EPS of $0.56 per share (up $0.26 from prior forecast) on sales of $36.9 million, up from our prior sales forecast of $36.6 million. Our higher EPS forecast reflects a net one-time gain of $850,000 due to two acquisitions.
  • For FY15, we project EPS of $0.83 per share on sales growth of 22.1% to $45.1 million reflecting 1,905 Mediasite units sold vs. 1,655 in FY14. We anticipate better gross margin and leveraging of operating costs.

The full report can be viewed at

Company Description:

Sonic Foundry, founded in 1991 and headquartered in Madison, Wisconsin is a global provider of technology-based webcasting lecture capturing, and knowledge management to higher education institutions, corporations, and government agencies. Its technology is based on Mediasite® a patented webcasting platform.

Taglich Brothers:

Taglich Brothers, Inc. is full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

The Taglich Brothers' Equity Research department is dedicated to providing research reports that are informative, insightful and illuminating. Reports are designed to distill volumes of investment information into a concise, straightforward format so that busy professional investors can make informed investment decisions.


The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. All research issued by Taglich Brothers, Inc. is based on public information. As of the date of this report, we, our affiliates, any officer, director or stockholder, or any member of their families do not have a position in the stock of the company mentioned in this report. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned in this report and was not a manager or co-manager of any offering for the company with in the last three years. The company prepaid for the first three months of distribution a total of $4,500 (USD) in October 2011, and will pay beginning March 2011 a monthly monetary fee of $1,500 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports.


Richard Oh

More Info:

This news is published on the Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get free news alerts: Sign up here

Published at the Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info:

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Free News Alerts


Investor Ideas © 2000 - 2014®, ECON

Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |