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SeaChange International Inc (SEAC) Files 10-K for the Fiscal Year Ended on January 31, 2017

- By insider

SeaChange International Inc (SEAC) files its latest 10-K with SEC for the fiscal year ended on January 31, 2017. SeaChange International Inc is a developer, manufacturer and marketer of digital video systems and services to cable system operators, telecommunications companies and broadcast television companies. SeaChange International Inc has a market cap of $86.250 million; its shares were traded at around $2.45 with and P/S ratio of 1.03.


For the last quarter SeaChange International Inc reported a revenue of $23.8 million, compared with the revenue of $27.20 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $83.8 million, a decrease of 21.7% from the previous year. For the last five years SeaChange International Inc had an average revenue decline of 12.8% a year.

The reported loss per diluted share was $2.04 for the year, compared with the loss per share of $0.09 in the previous year. The SeaChange International Inc had an operating margin of -65.21%, compared with the operating margin of -45.05% a year before. The 10-year historical median operating margin of SeaChange International Inc is -2.26%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, SeaChange International Inc has the cash and cash equivalents of $28.3 million, compared with $58.7 million in the previous year. The company had no long term debt. SeaChange International Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $2.45, SeaChange International Inc is traded at 34.7% discount to its historical median P/S valuation band of $3.75. The P/S ratio of the stock is 1.03, while the historical median P/S ratio is 1.57. The stock lost 36.84% during the past 12 months.

For the complete 20-year historical financial data of SEAC, click here.

This article first appeared on GuruFocus.