View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 6, 2010

SeaChange Q2 revenue up 11% to $51.6m

Expects non-GAAP Q3 revenue between $50m and $53m

By CBR Staff Writer

SeaChange International has reported total revenue of $51.6m for the second quarter of 2011, an increase of 11% as compared to $46.5m of the same quarter prior year.

The company’s operating income was $0.23m for the second quarter of 2011, as compared to an operating loss of $0.49m for the same period last year.

For the quarter ended 31 July 2010, SeaChange posted a net income of $3.5m, or $0.11 per share, compared to net loss of $0.37m, or $0.01 loss per share, for Q2 FY10.

SeaChange chairman and CEO Bill Styslinger said that the company has signed two long term master purchase agreements, the first being the largest in the history of SeaChange, while the other being an advertising deal with a major US telco.

The company expects fiscal third quarter non-GAAP revenue in the range of $50m to $53m and non-GAAP EPS of $0.07 to $0.10 per share, excluding any potential restructuring expense.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU