SeaChange International, Inc. (NASDAQ:SEAC) has released the financial results for the third quarter of fiscal 2010 ended October 31, 2009. The company reported total revenues of $53 million for the quarter and a targeted revenue of $225-$235 million for fiscal 2011. It’s software margin was also reported to have driven non-GAAP earnings to $0.11 per share.
Try Best Penny Stocks, a web based financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Stock Newsletter
The company held a conference call to discuss the financial results. A webcast of the conference call has been archived on the company’s investor relations site at www.schange.com/IR. The full financial report is also available for review on the site.
SeaChange International, Inc. (SeaChange) is a developer, manufacturer and marketer of digital video systems and services. These products and services facilitate the aggregation, licensing, storage, management and distribution of video, television programming and advertising content. The Company sells its products and services to cable system operators, including Cablevision, Comcast, Cox Communications, Virgin Media and Rogers; telecommunications companies, including Telekom Austria, Turk Telekom and Verizon Communications, and broadcast television companies, including ABC Disney, Ascent Media, Clear Channel, China Central Television and MTV Networks. The Company operates in three segments: Software, Servers and Storage, and Media Services. On November 19, 2008, through its subsidiary On Demand Group (ODG), the Company acquired Mobix Interactive Limited in the United Kingdom. In September 2009, SeaChange announced the acquisition of all of the issued share capital of eventIS Group B.V
Sign up for the Try Best Penny Stocks newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Try Best Penny Stocks is a financial web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer