Sonic Foundry, Inc.

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Sonic Foundry, Inc.’s (NasdaqCM: SOFO) reported a positive earnings surprise in one of its two weakest quarters. This was due to booking a large international sale and successful execution of its cost containment program which commenced in the second half of 2008. The company continues to maintain good cash balances and recently negotiated an extension of its credit facility at more favorable terms...

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