SeaChange International, Inc. (SEAC) News
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SEAC News Highlights
- For SEAC, its 30 day story count is now at 2.
- Over the past 8 days, the trend for SEAC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest SEAC News From Around the Web
Below are the latest news stories about SEACHANGE INTERNATIONAL INC that investors may wish to consider to help them evaluate SEAC as an investment opportunity.
SeaChange Adopts Tax Benefits Preservation Plan to Protect Tax AssetsBOSTON, Aug. 16, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced that its Board of Directors (the “Board”) adopted a Tax Benefits Preservation Plan, dated August 16, 2023 (the “Plan”), by and between the Company and Computershare Trust Company, N.A., as rights agent, that is intended |
SeaChange Announces Voluntary SEC Deregistration and Nasdaq DelistingBOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced its voluntary decision to deregister its common stock (the “Common Stock”) with the U.S. Securities and Exchange Commission (the “SEC”) and delist its Common Stock from The Nasdaq Stock Market LLC (“Nasdaq”). The Compan |
SeaChange Reports Fiscal Q1 2024 Financial and Operational ResultsTotal first quarter revenue of $7.0 million, up 4% year-over-year, driven by a 40% increase in recurring service revenueAchieved significant margin expansion and cost controls, reducing net income losses year-over-year to $0.7 million from $3.0 millionAdjusted EBITDA approaches breakeven at a loss of $0.2 million in the first quarter, providing an expected profitable outlook for fiscal 2024Bolstered further recurring revenue streams by securing two major customer renewals in the first quarter BO |
SeaChange International, Inc. Announces Reverse Stock SplitBOSTON, May 22, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today announced that it has resolved to effect a reverse stock split of the Company’s issued common stock and has determined the ratio to be 1-for-20. The Company’s stockholders approved the reverse stock split and granted the SeaChange |
SeaChange International, Inc. (NASDAQ:SEAC) Q4 2023 Earnings Call TranscriptSeaChange International, Inc. (NASDAQ:SEAC) Q4 2023 Earnings Call Transcript April 5, 2023 Operator: Good afternoon, and welcome to SeaChange’s Fiscal Fourth Quarter and Full-Year 2023 Conference Call for the period ended January 31, 2023. My name is Diego and I’ll be your operator this afternoon. Joining us from the company is Chairman and Chief Executive […] |
SeaChange Reports Fiscal Q4 and Full Year 2023 Financial and Operational ResultsQuarterly revenue increased 23% sequentially and 19% year-over-year to $10.2 million, representing the highest quarterly level in three yearsQuarterly gross margin expanded to 73%, also marking highest level in three yearsGenerated $1.7 million in GAAP net income and $1.7 million in adjusted earnings before interest taxes depreciation and amortization “Adjusted EBITDA” for fiscal fourth quarter 2023Total revenue for fiscal 2023 increased 19% year-over-year to $32.5 million, primarily driven by s |
SeaChange Sets Fourth Quarter and Fiscal Year 2023 Conference Call for Wednesday, April 5 at 4:30 p.m. ETBOSTON, March 27, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, will hold a conference call on Wednesday, April 5, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full-year ended January 31, 2023. Financial results will be issued in a press release prior t |
VIDAA Announces Launch of Streaming Service, ‘VIDAA Free’SeaChange International leveraged its Xstream™ technology to team with VIDAA to jointly develop VIDAA’s new Online Video Platform VIDAA Free will be available on Millions of Connected TVs starting in the US, followed by a Global Rollout Later in 2023 ATLANTA, Feb. 07, 2023 (GLOBE NEWSWIRE) -- VIDAA USA Inc., today launched VIDAA Free, its streaming hub of free advertising supported video, and is now available on millions of connected TVs powered by VIDAA, a smart TV operating system and content |
SeaChange Launches the Xstream™ Platform – A Content Monetization Platform Designed to Maximize Ad Revenue on Connected TVsTV Manufacturers and Content Owners Can Fully Maximize Connected TV Advertising Revenue with the Xstream platform Smart Ad Insertion Tech Launch Doubles Down on SeaChange’s Commitment to Tapping into the Rapidly Expanding FAST and CTV Markets BOSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”) a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (“FAST”) deve |
SeaChange International, Inc. (NASDAQ:SEAC) Q3 2023 Earnings Call TranscriptSeaChange International, Inc. (NASDAQ:SEAC) Q3 2023 Earnings Call Transcript December 12, 2022 Operator: Good afternoon and welcome to SeaChange’s Fiscal Third Quarter 2023 Conference Call for the period ended October 31, 2022. My name is Shamali and I’ll be your operator this afternoon. Joining us from the company is Chairman and Chief Executive Officer, Peter […] |