Edition:
India

SeaChange International Inc (SEAC.OQ)

SEAC.OQ on NASDAQ Stock Exchange Global Select Market

2.69USD
22 Nov 2017
Change (% chg)

$0.06 (+2.28%)
Prev Close
$2.63
Open
$2.64
Day's High
$2.70
Day's Low
$2.61
Volume
4,098
Avg. Vol
12,406
52-wk High
$2.98
52-wk Low
$2.17

Latest Key Developments (Source: Significant Developments)

SeaChange International Q2 GAAP loss per share $0.33
Friday, 2 Sep 2016 

SeaChange International Inc : Q2 GAAP loss per share $0.33 . Q2 non-GAAP operating loss per share $0.21 . Q2 revenue $18.5 million versus I/B/E/S view $18.4 million . Q2 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S . Sees Q3 2017 revenue $20 million to $23 million . Sees FY 2017 revenue $83 million to $88 million . Sees Q3 2017 non-GAAP operating loss per share $0.15 to $0.20 . Sees Q3 U.S. GAAP loss from operations to be in range of $0.20 to $0.25 per basic share .Sees FY 2017 GAAP loss per share $0.85 to $0.95.  Full Article

Seachange posts preliminary Q2 results
Tuesday, 23 Aug 2016 

Seachange International Inc : Seachange announces preliminary second quarter fiscal year 2017 results . Sees Q2 2017 revenue about $18.3 million to $18.5 million . Says anticipates ending Q2 of fiscal 2017 with total revenue of approximately $18.3 million to $18.5 million . Says anticipates ending Q2 of fiscal 2017 with non-Gaap operating loss of approximately $0.19 to $0.23 per basic share . Says revenue shortfall was due primarily to an increase in estimated time to complete active statements of work . Says company's cash position as of July 31, 2016 was approximately $51 million, in line with prior expectations .Q2 earnings per share view $-0.11, revenue view $24.4 million -- Thomson Reuters I/B/E/S.  Full Article

SeaChange International reports Q1 GAAP loss per share of $0.28
Wednesday, 8 Jun 2016 

Seachange International Inc : Non-GAAP loss from operations for q1 of fiscal 2017 was $6.8 million, or $0.20 per basic share . SeaChange International reports first quarter fiscal 2017 results . Reaffirms FY 2017 non-GAAP operating earnings per share view $0.05 to $0.15 . Q1 GAAP loss per share $0.28 . Sees FY 2017 revenue $110 million to $120 million . Q1 revenue $21.6 million versus I/B/E/S view $20.7 million . Q1 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S .Sees Q2 2017 revenue $23 million to $25 million.  Full Article

Seachange International acquires Poland-based DCC
Friday, 13 May 2016 

Seachange International : Paid approximately $8 million in cash and Seachange stock for DCC labs . Acquires Poland DCC labs is expected to contribute an additional several million dollars of revenue annually to seachange . Transaction is expected to be accretive in fiscal 2017 . Commenced workforce reduction within home engineering, services organization . Workforce reduction anticipated to achieve $8 million in annualized cost savings .Based DCC labs to enhance set-top and multiscreen device software development capabilities.  Full Article