SeaChange Int'l (SEAC) Misses Q4 EPS by 1c

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Noble Financial Cuts SeaChange (SEAC) to Hold; Sidelined Until Revenue Improvement Appears

April 8, 2016 9:01 AM EDT

Noble Financial oowngrades SeaChange (Nasdaq: SEAC) from Buy to Hold following Q4 results and termination of CEO Jay Samit.

Analyst Michael Kupinski offered the following commentary with SeaChange's repot:

CEO was terminated. We believe that Jay Samit was terminated... More

SeaChange Int'l (SEAC) Names New CEO

April 7, 2016 4:11 PM EDT

SeaChange International, Inc. (NASDAQ: SEAC) announced the appointment of software company management veteran Edward Terino to the position of Chief Executive Officer, effective April 6, 2016, immediately following the SeaChange board of directors termination of the employment of prior CEO Jay Samit.

Mr. Terino had previously served as SeaChanges Chief Operating Officer, beginning June 2015, with global responsibility for product development,... More