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General

SeaChange sees brighter H2 after strategic moves in Q1

Friday 7 June 2019 | 13:30 CET | News
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SeaChange reported lower results for the first quarter, with revenues falling to USD 8.5 million from 14.9 million and the net loss widening to USD 10.8 million or USD 0.30 per basic share, from a loss of 5.5 million and 0.15 per share. The company ended the quarter with cash and cash equivalents of USD 24.3 million and no debt outstanding, and said it has approved a new share buyback programme of up USD 5 million shares.

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Categories: General
Companies: SeaChange
Countries: World
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