4 Winners and 1 Loser from This Week’s Earnings Storm
SeaChange International Inc. (NASDAQ:SEAC) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 150% to $0.1 in the quarter versus EPS of $0.04 in the year-earlier quarter. Revenue Rose 1.74% to $37.38 million from the year-earlier quarter.
SeaChange International Inc. reported adjusted EPS income of $0.1 per share. By that measure, the company beat the mean analyst estimate of $0.09. It missed the average revenue estimate of $38.35 million.