SeaChange Int'l (SEAC) Reports Q3 EPS of $0.14

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Go back to SeaChange Int'l (SEAC) Reports Q3 EPS of $0.14

SeaChange International Reports Third Quarter Fiscal 2020 Results

December 4, 2019 4:28 PM EST

Revenue Increases by 10% as Framework Offering Continues to Gain Traction

Management Reiterates Full Year Revenue and Operating Income Guidance

ACTON, MA / ACCESSWIRE / December 4, 2019 / SeaChange International, Inc. (NASDAQ: SEAC) today reported third quarter fiscal 2020 revenue of $20.5 million and net income of $2.1 million, or $0.06 per basic share, compared to third quarter fiscal 2019 revenue of $18.6 million and a net loss of $3.8 million, or $0.11 per basic share.

Quarterly and Recent Highlights

Won eight significant customers all with multi-year commitments for the Framework... More