SeaChange International up after Q1 revenue surge
09/06/2022 11:15
** Shares of SeaChange International Inc SEAC.O rise 18.9%
to $0.88 in premarket trading
** SEAC on Wednesday posted 33% rise in Q1 revenue to $6.7
mln urn:newsml:reuters.com:*:nGNXX0lwf
** Growth was driven by a y-o-y rise in product revenue and
service revenue during Q1
** GAAP net loss narrowed to $3 mln, compared with $4.1
million a year ago
** As of last close, stock down ~53% this year
(Reporting by Tiyashi Datta in Bengaluru)
((tiyashi.datta@thomsonreuters.com))
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