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SeaChange International Inc (SEAC.O)

SEAC.O on Nasdaq

2.73USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Seachange International reports Q2 GAAP loss per share of $0.06
Wednesday, 6 Sep 2017 04:05pm EDT 

Sept 6 (Reuters) - Seachange International Inc :Seachange International reports second quarter fiscal 2018 results.Q2 non-GAAP operating loss per share $0.03.Q2 GAAP loss per share $0.06.Q2 revenue $17.2 million versus I/B/E/S view $17.9 million.Sees Q3 2018 revenue $19 million to $21 million.Q2 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.Q3 revenue view $20.4 million -- Thomson Reuters I/B/E/S.Seachange International Inc - ‍for full fiscal 2018, Seachange has lowered and narrowed its expectations to revenue in range of $75 million to $80 million​.Seachange International Inc sees Q3 fiscal 2018 U.S. gaap loss from operations to be in range of $0.04 to $0.01 per basic share.Q3 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.FY2018 revenue view $79.4 million -- Thomson Reuters I/B/E/S.Seachange International Inc sees ‍FY 2018 non-GAAP operating income in range of a loss of $0.03 per basic share to income of $0.02 per diluted share​.FY2018 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.  Full Article

SeaChange International names ‍william Markey chairman of board
Thursday, 17 Aug 2017 06:00pm EDT 

Aug 17 (Reuters) - SeaChange International Inc -:SeaChange International Inc - ‍William Markey has been named chairman of board and Steven Craddock has decided to retire from board​.SeaChange International Inc - in response to shareholder feedback, ‍adding two new directors and naming a new board chair ​.SeaChange International Inc - ‍as part of the actions, Mark Bonney, an independent director has been appointed to board​.SeaChange International Inc - ‍ Andy Sriubas has also been appointed to board effective immediately.​.  Full Article

Seachange International Q1 adj operating loss per share $0.05
Tuesday, 6 Jun 2017 04:01pm EDT 

June 6 (Reuters) - Seachange International Inc ::Seachange International reports first quarter fiscal 2018 results.Q1 non-gaap operating loss per share $0.05.Q1 gaap loss per share $0.16.Q1 revenue $16.7 million versus I/B/E/S view $16.8 million.Q1 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Sees fy 2018 revenue $80 million to $90 million.Sees q2 2018 revenue $17 million to $20 million.Sees q2 u.s. Gaap loss from operations to be in range of $0.13 to $0.07 per basic share.Seachange international inc sees fy 2018 gaap loss from operations to be in range of $0.37 to $0.25 per basic share.Sees 2018 u.s. Gaap loss from operations to be in range of $0.37 to $0.25 per basic share.Seachange sees full fiscal 2018 non-gaap operating income to be in range of a loss of $0.10 per basic share to income of $0.02 per diluted share.Seachange international inc sees q2 non-gaap loss from operations to be in range of $0.03 to $0.09 per basic share.Q2 earnings per share view $-0.08, revenue view $18.2 million -- Thomson Reuters I/B/E/S.Fy2018 earnings per share view $-0.21, revenue view $79.4 million -- Thomson Reuters I/B/E/S.  Full Article

Seachange International reports Q4 GAAP loss per share $0.71
Monday, 10 Apr 2017 04:17pm EDT 

Seachange International Inc : Seachange international reports fourth quarter and full year fiscal 2017 results . Q4 GAAP loss per share $0.71 . Q4 revenue $23.8 million versus I/B/E/S view $23.2 million . Q4 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S . Sees FY 2018 revenue $80 million to $90 million . Sees Q1 2018 revenue $16 million to $18 million . Q4 non-GAAP operating loss per share $0.06 . Seachange International Inc sees Q1 2018 U.S. GAAP loss from operations to be in range of $0.19 to $0.23 per basic share . Sees FY 2018 U.S. GAAP loss from operations to be in range of $0.25 to $0.37 per basic share . Seachange International Inc sees U.S. Non-GAAP loss from operations to be in range of $0.11 to $0.15 per basic share for Q1 fiscal 2018 . Seachange International -sees 2018 non-GAAP operating loss to be in range of $0.10 per basic share to non-GAAP operating income of $0.02 per diluted share . Q1 earnings per share view $-0.08, revenue view $21.2 million -- Thomson Reuters I/B/E/S .FY2018 earnings per share view $-0.18, revenue view $89.0 million -- Thomson Reuters I/B/E/S.  Full Article

SeaChange International says cost-savings actions with respect to North American operations with implementation of restructuring, reduction-in-force
Friday, 3 Feb 2017 04:53pm EST 

SeaChange International Inc : SeaChange International - Cost-savings actions with respect to North American operations with implementation of restructuring, reduction-in-force . SeaChange International Inc - Cost-savings actions are anticipated to result in annualized cost savings of approximately $8.1 million once complete .SeaChange International - Anticipates that these actions will result in restructuring and severance charges of approximately $1.5 million - SEC Filing.  Full Article

SeaChange International reports Q3 fiscal 2017 results
Tuesday, 6 Dec 2016 04:05pm EST 

SeaChange International Inc : Q4 earnings per share view $-0.01, revenue view $24.4 million -- Thomson Reuters I/B/E/S . Sees Q4 2017 GAAP loss per share $0.13 to $0.18 . Sees Q4 2017 non-GAAP operating loss per share $0.05 to $0.10 . SeaChange International reports third quarter fiscal 2017 results . Q3 non-GAAP operating loss per share $0.13 . Q3 GAAP loss per share $0.24 . Q3 revenue $20 million versus I/B/E/S view $21.5 million . Q3 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S . Sees Q4 2017 revenue $22 million to $24 million .Sees FY 2017 revenue $82 million to $84 million.  Full Article

SeaChange International Q2 GAAP loss per share $0.33
Thursday, 1 Sep 2016 04:01pm EDT 

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 07:00am EDT 

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
Tuesday, 7 Jun 2016 04:01pm EDT 

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
Thursday, 12 May 2016 04:00pm EDT 

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