SeaChange reduces losses in Q1, sees fiscal 2022 as year of 'growth and transformation'

Friday 11 June 2021 | 09:45 CET | News
Video delivery platform specialist SeaChange continued narrowing its losses in the first quarter, helped again by cost efficiencies. Revenues fell to USD 5.05 million from 6.91 million the year before, with product revenue going to 1.62 million from 3.09 million and service revenue off at USD 3.43 million from 3.81 million. The operating loss reduced to USD 3.80 million from a loss of 6.32 million while the net loss fell to 4.06 million from 6.51 million.

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Categories: General
Companies: SeaChange
Countries: World
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