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SeaChange International Inc (SEAC.OQ)

SEAC.OQ on NASDAQ Stock Exchange Global Select Market

2.35USD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

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

SeaChange International Inc updates FY 2016 EPS guidance; gives Q4 2016 guidance in line with analysts' estimates
Thursday, 3 Dec 2015 04:54pm EST 

SeaChange International Inc:Adjusts FY 2016 non-GAAP EPS guidance from a loss of $0.16 to $0.36 per basic share to a loss of $0.20 to $0.25 per basic share.Anticipates Q4 2016 revenue to be in the range of $28 million to $32 million and non-GAAP operating results to be in the range of a loss of $0.02 per basic share to earnings of $0.03 per fully diluted share.Q4 2016 revenue of $31 million and EPS of $0.01 - Thomson Reuters I/B/E/S.FY 2016 EPS of $(0.28) - Thomson Reuters I/B/E/S.  Full Article

SeaChange International Inc reaffirms FY 2016 guidance; gives Q3 2016 guidance below analysts' estimates
Wednesday, 2 Sep 2015 04:01pm EDT 

SeaChange International Inc:Sees Q3 2016 revenues to be in the range of $27 million to $29 million.Sees Q3 2016 non-GAAP operating loss to be between $0.10 and $0.04 per basic share.Says continue to anticipate FY 2016 revenues to be in the range of $105 million to $115 million and non-GAAP operating loss to be in the range of $0.38 to $0.16 per basic share.Q3 2016 revenue of $30 million and EPS of $(0.03) - Thomson Reuters I/B/E/S.FY 2016 revenue of $112 million and EPS of $(0.33) - Thomson Reuters I/B/E/S.  Full Article

SeaChange International announces election of new Chairman of the Board
Friday, 17 Jul 2015 09:01am EDT 

SeaChange International Inc:Says election of Steve Craddock to Chairman of the Board of Directors, effective July 15.Craddock replaces former chairman Tom Olson, who continues as a member of the board.  Full Article

SeaChange International Inc gives Q2 2016 guidance; EPS guidance below analysts' estimates; reaffirms FY 2016 guidance
Thursday, 4 Jun 2015 04:05pm EDT 

SeaChange International Inc:Anticipates Q2 2016 revenue to be in the range of $26 million to $28 million, and non-GAAP operating loss to be in the range of $0.15 to $0.09 per basic share.Continues to anticipate FY 2016 revenues to be in the range of $105 million to $115 million and non-GAAP operating loss to be in the range of $0.38 to $0.16 per basic share.Q2 2016 revenue of $27 million and EPS of $(0.08) - Thomson Reuters I/B/E/S.FY 2016 revenue of $110 million and EPS of $(0.27) - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-SeaChange International says cost-savings actions with respect to North American operations with implementation of restructuring, reduction-in-force

* SeaChange International - Cost-savings actions with respect to North American operations with implementation of restructuring, reduction-in-force