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SEACHANGE INTERNATIONAL INC
NASDAQ
SEAC
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SeaChange International, Inc. engages in the provision of transformative multiscreen video delivery and advertising solutions. Its products and services include video platform, content management, advertising, user experience, and professional services, maintenance and support. It sells its products to operators, telecommunications companies, satellite operators,...
SeaChange (NASDAQ:SEAC) has jumped 16% after hours after its Q2 earnings topped expectations and the company hit operating profitability sooner than expected. The company also named Yossi Aloni its president and chief executive officer. Aloni had joined in January as chief commercial officer; he "strategized, developed and implemented the Framework solution and...
Forming a cup and handle on the monthly looks like to be at the bottom of the cup and to test new highs and start uptrend upward.
SEAC has low debt and although they warn investors they had larger than expected losses, I would not be surprised if the price will bounce up in the future.
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