SeaChange Int'l Slips To Loss In Q4 - Quick Facts

(RTTNews) - SeaChange International, Inc. (SEAC) Thursday reported fourth-quarter net loss of $1.4 million, or $0.04 per share, compared to net income of $6.5 million, or $0.20 per share last year.

Adjusted earnings for the latest fourth quarter were $0.02 per share, down from $0.28 per share in the comparable quarter last year. On average, four analysts polled by Thomson Reuters expected the company to earn $0.02 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues declined to $35.62 million from $44.58 million last year, while four analysts expected revenues of $35.04 million.