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

Wednesday 9 September 2020 | 11:15 CET | News
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Video delivery platform specialist SeaChange International said second quarter results were still impacted by the coronavirus pandemic, with customers holding off from making new tech investments and deployments. Nevertheless, SeaChange has since March worked on its cost-structure and improved its liquidity position and resources, ensuring the company emerges from the crisis in a strong financial and operational position. As a result, CEO Yossi Aloni reiterated the company's expectations of generating growth and profitability in the second half, helped by its recently expanded partnership

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Categories: General
Companies: SeaChange International
Countries: World
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