SeaChange's (SEAC) Q1 Described as 'Worse Than Feared' - Dougherty

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Go back to SeaChange's (SEAC) Q1 Described as 'Worse Than Feared' - Dougherty

Seachange International, Inc. (SEAC) Misses Q1 EPS by 20c

June 5, 2014 4:04 PM EDT

Seachange International, Inc. (NASDAQ: SEAC) reported Q1 EPS of ($0.22), $0.20 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $24.3 million versus the consensus estimate of $30.87 million.

"In spite of the anticipated short-term challenges, which include significant declines in legacy product revenues and continuing delays in receiving customer... More