SeaChange International (SEAC) Releases Quarterly Earnings, Misses Estimates By $0.20 EPS
SeaChange International (NASDAQ:SEAC) posted its quarterly earnings results on Thursday. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.20, AnalystRatings.NET reports. The company had revenue of $24.30 million for the quarter, compared to the consensus estimate of $30.87 million.
Shares of SeaChange International (NASDAQ:SEAC) traded up 0.54% during mid-day trading on Thursday, hitting $9.30. 214,184 shares of the company’s stock traded hands. SeaChange International has a 52 week low of $8.67 and a 52 week high of $15.25. The stock’s 50-day moving average is $9.40 and its 200-day moving average is $11.09. The company’s market cap is $305.9 million.
SeaChange International, Inc (NASDAQ:SEAC) is engaged in the delivery of multi-screen video.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.