SeaChange International, Inc. SEAC, a leading provider of software and hardware solutions for video-on-demand (VOD) television, announced financial results for its fiscal 2011 second quarter ended July 31, 2010. Total non-GAAP revenues for the quarter amounted to $52.9 million, which was $6.4 million or 14% higher than total revenues of $46.5 million for the second quarter of fiscal 2010. GAAP revenues for the quarter were $51.6 million, which was $5.1 million or 11% higher than total revenues of $46.5 million for the second quarter of last year. Non-GAAP net income for the second quarter was $3.2 million or $0.10 per share, compared with non-GAAP net income of $1.6 million, or $0.05 per share, for the same period last year. GAAP net income for the second quarter of fiscal 2011 was $3.5 million, or $0.11 per share, compared with a GAAP net loss of $0.4 million or $0.01 per share, for the second quarter of fiscal 2010.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in