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SeaChange International Inc Comments On Q3, Q4 2014 Revenue Guidance; Sees FY 2014 Revenue Guidance At Lower End Of Prior Guidance; Reaffirms FY 2014 EPS Guidance


Thursday, 5 Sep 2013 04:02pm EDT 

SeaChange International Inc announced that for the third quarter of 2014, it expects revenues to be sequentially higher than the second quarter of 2014, and fourth quarter of 2014 revenues to be sequentially higher than the third quarter of 2014. For fiscal 2014, it expects revenues to be at the lower end of its previously provided guidance of $165 million to $175 million. The Company continues to expect that its fiscal 2014 non-GAAP operating income to be in the range of $0.53 to $0.71 per fully diluted share, as previously guided. The Company reported revenue of $37.38 million in the second quarter of 2014. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of $44.28 million for the third quarter of 2014; revenue of $52.49 million for the fourth quarter of 2014; revenue of $170 million and EPS of $0.64 for fiscal 2014. 

Company Quote

6.445
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17 Dec 2014