SeaChange Int'l (SEAC) Tops Q2 EPS by 8c, Offers Q3 & FY Guidance
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Brean Capital Reiterates Buy on SeaChange Int'l (SEAC) Following 2Q Results
September 3, 2015 6:53 AM EDTBrean Capital reiterated a Buy rating and $11.00 price target on SeaChange International (NASDAQ: SEAC) following the company's 2Q16 earnings report. Total revenues declined 7% from a year ago to $27.9 million, in line with expectations. Management maintained its F2016 guidance for revenues to be in the range of $105 million to $115 million and non-GAAP operating loss to be in the range of $0.38 to $0.16 per basic share, and provided... More
