SeaChange Int'l (SEAC) Tops Q2 EPS by 3c

SeaChange Int'l (NASDAQ: SEAC) reported Q2 EPS of ($0.03), $0.03 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $17.2 million versus the consensus estimate of $17.95 million.

Outlook

SeaChange anticipates third quarter fiscal 2018 revenue to be in the range of $19 million to $21 million, U.S. GAAP loss from operations to be in the range of $0.04 to $0.01 per basic share, and non-GAAP income from operations to be in the range of $0.00 to $0.03 per diluted share. For full fiscal 2018, SeaChange has lowered and narrowed its expectations to revenue in the range of $75 million to $80 million, U.S. GAAP loss from operations in the range of $0.28 to $0.23 per basic share and non-GAAP operating income in the range of a loss of $0.03 per basic share to income of $0.02 per diluted share.

For earnings history and earnings-related data on SeaChange Int'l (SEAC) click here.

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