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SeaChange: Fiscal 1Q Earnings Snapshot

WALTHAM, Mass. (AP) _ SeaChange International Inc. (SEAC) on Thursday reported a loss of $6.5 million in its fiscal first quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 17 cents. Losses, adjusted for severance costs and stock option expense, came to 14 cents per share.

The video software company posted revenue of $6.9 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $1.88. A year ago, they were trading at $1.43.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SEAC at https://www.zacks.com/ap/SEAC