0
General

SeaChange moves back to profit in Q3, appoints new CFO

Thursday 5 December 2019 | 10:36 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Video delivery platform specialist SeaChange International said revenues for its fiscal third quarter rose to USD 20.5 million from 18.6 million the year before, while the net result advanced to a profit of USD 2.1 million or USD 0.06 from a loss of 3.8 million and 0.11 per basic share. The company said it won eight significant customers in the quarter, all with multi-year commitments for the Framework video delivery platform. Cash, cash equivalents and marketable securities went to USD 13.8 million, with no debt.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: SeaChange International
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

SeaChange still sees return to growth, profitability in H2 after lower Q2

Published 09 Sep 2020 11:15 CET | World
Video delivery platform specialist SeaChange International said second quarter results were still impacted by the coronavirus ...

SeaChange sees return to growth, profitability in H2 after in-line Q1

Published 12 Jun 2020 14:09 CET | World
Video delivery platform specialist SeaChange International reported first quarter results impacted by the covid-19 pandemic but ...

SeaChange warns Q1 revenues to go lower than year before

Published 22 May 2020 09:54 CET | World
Video delivery platform specialist SeaChange International said revenues for the first quarter will be lower than the year ...

SeaChange reports higher Q4, reiterates mid-term financial goals

Published 07 Apr 2020 11:11 CET | World
Video delivery platform specialist SeaChange International reported higher results for its fiscal fourth quarter and closed 26 ...

SeaChange selected by Midco to monetise new video streaming service

Published 03 Apr 2020 13:50 CET | United States
SeaChange International expanded its relationship with long-term customer, Midco. The SeaChange Framework offers converged, ...

SeaChange selected by Canadian ISP to power new video streaming service

Published 18 Mar 2020 13:50 CET | Canada
SeaChange International said Canada's largest independent internet service provider (ISP) selected its online-video platform, the ...

SeaChange revenues up to USD 19 mln in Q2, Aloni named CEO

Published 30 Aug 2019 11:30 CET | World
Video delivery platform specialist SeaChange International reported second quarter fiscal 2020 revenue up 58 percent year on year ...

SeaChange sees brighter H2 after strategic moves in Q1

Published 07 Jun 2019 13:30 CET | World
SeaChange reported lower results for the first quarter, with revenues falling to USD 8.5 million from 14.9 million and the net ...

SeaChange revenues, profit declines in Q4 after 'extremely challenging year'

Published 11 Apr 2019 12:05 CET | World
SeaChange reported lower revenues and profit in the fourth quarter of its fiscal 2019, in what chairman Mark Bonney said was an ...

SeaChange promotes Bonney to executive chair

Published 05 Apr 2019 15:43 CET | World
SeaChange International promoted Mark J. Bonney as executive chair. In this role, Bonney will assume the duties of chairman of ...

SeaChange appoints new board members together with largest shareholder

Published 01 Mar 2019 14:18 CET | World
Video delivery platform specialist SeaChange International said it has reached a cooperation agreement with its largest ...

SeaChange CEO resigns after board discussions with certain shareholders

Published 26 Feb 2019 09:39 CET | World
Video delivery platform specialist SeaChange International has announced the resignation of its CEO, Edward Terino, from 24 ...

SeaChange buys Xstream for USD 5.5 mln

Published 11 Feb 2019 13:48 CET | World
Video delivery platform specialist SeaChange International said it has bought Xstream for USD 5.5 million, including USD 4.6 ...

SeaChange appoints Aloni as SVP, chief commercial officer

Published 03 Jan 2019 08:18 CET | World
Video delivery platform specialist SeaChange International appointed Yossi Aloni as senior vice president and chief commercial ...

TotalVideo picks SeaChange PanoramiC platform for hybrid, multi-screen video and TV services

Published 20 Dec 2018 22:49 CET | Russian Federation
Russian-based video operator TotalVideo has agreed with video solutions provider SeaChange International to develop a ...

SeaChange aims for return to profitability by Q1 2020, amid lower Q3 2019

Published 11 Dec 2018 10:28 CET | World
Multi-screen video services company SeaChange reported lower results for the third quarter but CEO ED Terino noted revenues ...





Calendar   /   Industry Events

26 Oct CCW Europe 2020
27 Oct GSMA Thrive North America
28 Oct 8x8 fiscal Q2
28 Oct Belden Q3 2020
28 Oct ZTE Q3 2020
28 Oct KPN Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct Ooredoo Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct Telecoms World Asia 2020
28 Oct Cognizant Q3 2020
28 Oct Wireless Global Congress
29 Oct Comcast Q3 2020
29 Oct Veon Q3 2020
29 Oct NTT Docomo fiscal Q2
29 Oct Fortinet Q3 2020
29 Oct Corning Q3 2020
29 Oct Spotify Q3 2020
29 Oct CyrusOne Q3 2020
29 Oct Alphabet Q3 2020
29 Oct Digital Realty Q3 2020
29 Oct Facebook Q3 2020
29 Oct Telefonica Q3 2020
29 Oct HKBN FY results
29 Oct Motorola Solutions Q3 2020
29 Oct Amazon Q3
29 Oct Ribbon Communications Q3
29 Oct Swisscom Q3 2020
29 Oct Hrvatski Telekom Q3 2020
29 Oct Poly fiscal Q2
29 Oct Orange Q3 2020
29 Oct Nokia Q3 2020
29 Oct BT fiscal Q2
29 Oct Twitter Q3 2020
29 Oct Altice USA Q3 2020
29 Oct Dasan Zhone Q3
29 Oct Teleste Q3 2020
29 Oct Apple fiscal Q4
29 Oct Facebook Q3 2020
29 Oct Telesat Q3 2020
29 Oct Tucows Q3 2020
29 Oct Samsung Electronics Q3 2020
::: More Calendar Items