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Stock impact report

SeaChange International Reports Fiscal First Quarter 2022 Financial Results

SeaChange Intl, Inc (SEAC)  More Company Research Source: GlobeNewswire
Last seachange intl, inc earnings: 4/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.schange.com
PDF BOSTON, June 10, 2021 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, today reported financial and operational results for the fiscal first quarter ended April 30, 2021. Fiscal First Quarter 2022 and Recent Highlights Implemented and began executing a multi-phased strategic roadmap designed to increase scale, capture market share, and create even greater value for both our customers and shareholders.Launched a new product marketing strategy focused on three product platforms: Cable Video Delivery Platform, OTT Streaming Platform, and Advanced Advertising Platform.Strong balance sheet with $21.3 million in cash and cash equivalents.Operating expenses decreased 9% in the fiscal first quarter of 2022 compared to fiscal fourth quarter of 2021 due to ongoing efficiency measures. Management Commentary “During the fiscal first quarter, we successfully completed the initial phase of our strategic roadmap, which has optim [Read more]
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