SeaChange Int'l (SEAC) Tops Q1 EPS by 10c

SeaChange Int'l (NASDAQ: SEAC) reported Q1 EPS of ($0.05), $0.10 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $16.7 million versus the consensus estimate of $16.8 million.

Outlook

SeaChange anticipates second quarter fiscal 2018 revenue to be in the range of $17 million to $20 million, U.S. GAAP loss from operations to be in the range of $0.13 to $0.07 per basic share, and non-GAAP loss from operations to be in the range of $0.09 to $0.03 per basic share. For full fiscal 2018, SeaChange anticipates revenue to be in the range of $80 million to $90 million, U.S. GAAP loss from operations to be in the range of $0.37 to $0.25 per basic share and non-GAAP operating income to be in the range of a loss of $0.10 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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