SeaChange International Reports Third Quarter Fiscal 2018 Results
SeaChange International, Inc. (SEAC)
Last seachange international, inc. earnings: 4/6 04:05 pm
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Source: GlobeNewswire
Revenue increases 17% from Q317 Company raises guidance for FY18 top and bottom line results ACTON, Mass., Dec. 06, 2017 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ:SEAC) today reported third quarter fiscal 2018 revenue of $23.4 million, a 17% increase from the third quarter of fiscal 2017, and U.S. GAAP income from operations of $0.9 million, or $0.03 per fully diluted share, compared to third quarter fiscal 2017 revenue of $20.0 million and U.S. GAAP loss from operations of $8.4 million, or $0.24 per basic share. The Company’s U.S. GAAP third quarter fiscal 2018 results included non-GAAP charges of $2.3 million, which consisted primarily of severance and other restructuring costs of $1.0 million, stock-based compensation of $0.7 million and amortization of intangible assets from prior acquisitions of $0.6 million, while third quarter fiscal 2017 results included $4.1 million of non-GAAP charges. Non-GAAP income from operations in the third quarter of f
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- SeaChange Announces an Agreement to be Acquired by Enghouse and Termination of Previously Announced Proposed Acquisition by Partner OneGlobeNewswire
- SeaChange Announces a Second Amendment to Purchase Agreement with Partner One Along with Further Increased Purchase Price [Yahoo! Finance]Yahoo! Finance
- SeaChange Announces a Second Amendment to Purchase Agreement with Partner One Along with Further Increased Purchase PriceGlobeNewswire
- SeaChange International, Inc. (NASDAQ: SEAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- SeaChange Announces an Amended Purchase Agreement with Partner One Along with an Increased Purchase Price as Go-Shop Period Ends [Yahoo! Finance]Yahoo! Finance