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SEAC $4.88

SEAC target price
4.88
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SeaChange International, Inc.
Type
Public
Traded as NASDAQ: SEAC
Industry Telecommunication
Cable television headend
Founded Acton, Massachusetts, 1993
Founder Bill Styslinger
Key people
Ed Terino, CEO
Products Video on demand
TV Everywhere
Enterprise software
Revenue US$ 146.319 million (2014)
Operating income
US$ 8.4 million (2014)
Net income
US$ 9.9 million (2014)
Total assets US$ 254 million (2014)
Total equity US$ 204 million (2014)
Number of employees
723
Website www.schange.com

SeaChange International is a multinational company headquartered in Acton, Massachusetts that provides multi-screen video products and services that facilitate the aggregation, licensing, management, and distribution of video programs and television advertisements to cable system operators, telecommunications companies, mobile communications providers and media companies worldwide.

SeaChange was founded in January 1993 by Bill Styslinger. At a time when U.S. cable operators needed rooms full of VCRs, each loaded with a tape with a single ad in order to carry out live linear ad replacement, SeaChange brought about a sea change (hence the company name) by introducing digital video servers that could contain and stream thousands of ads and were far more compact.

In 1996, the company became listed at NASDAQ. In April 2005, SeaChange bought the international assets of Liberate Technologies. In September 2005, SeaChange acquired UK-based On-Demand Group (ODG). In November 2008, SeaChange acquired Mobix Interactive, also from the UK. In September 2009, SeaChange bought eventIS, based in the Netherlands. In January 2010, SeaChange acquired Silicon Valley start-up VividLogic. In June 2012, SeaChange obtained the assets of Flashlight Engineering and Consulting. As part of a strategy to become a "pure-play software provider” SeaChange did two divestitures: In May 2012, it sold ODG to Avail-TVN and its server hardware business spun out to XOR Media that same month. In a move that bears the hallmark of the recently appointed CEO Jay Samit, SeaChange announced in December 2014 it will acquire Timeline Labs, a start-up that makes tools for broadcasters and video service providers for audience measurement via social media.

SeaChange offers multi-screen television products, including Rave, an OTT platform that will be deliverable in a cloud-based SaaS model; Adrenalin, a multi-screen television platform that enables service providers to manage, monetize, and deliver a seamless viewing experience to subscribers across televisions, personal computers (PCs), tablets, smartphones, and other IP-enabled devices; Nitro, subscriber experience software that gives service providers an interface that personalizes the multi-platform subscriber experience; and AssetFlow that is used to receive, manage, and publish content for on-demand viewing on televisions, tablets, PCs, and other consumer devices. The company also provides television advertising products, such as Infusion Advanced Advertising Platform that enables service providers to maximize advertising revenue across multi-screen, linear, on-demand, and over-the-top viewing; AdPulse, on-demand advertising software enabling service providers to capitalize on video-on-demand television services with ad placements; and AdFlow that enables advertisements to be ready for insertion and handles advertisement file processing, verification, transcoding operations, and confirms play-out for revenue booking. In addition, it provides Nucleus, video gateway software, as well as professional services, installation, training, project management, product maintenance, technical support, and software development related services. The company sells and markets its products and services through a direct sales organization, independent agents, and distributors.

SeaChange has won a number of awards, including three Emmy Awards in the category Technology & Engineering:

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2019 2022-09-12 0.00 0.00
Q1 2020 2022-06-08 Future report Set alerts
Q4 2019 2022-04-08 0.02 0.02
Q3 2019 2021-12-14 -0.03 -0.03
Q1 2019 2021-06-10 -0.07 -0.07
Q4 2018 2021-04-13 -0.09 -0.09
Q3 2018 2018-12-10 0.00 0.00
Q2 2018 2018-09-05 -0.18 -0.26

Ratings

2016-04-11 Reiterated Rating BWS Financial Buy $10.00 to $6.00
2016-04-08 Downgrade Noble Financial Buy to Hold
2016-04-08 Lower Price Target Dougherty & Co Buy $9.00 to $7.00
2016-02-24 Initiated Coverage Lake Street Capital Buy $7.50
2015-09-03 Reiterated Rating Brean Capital Buy $11.00
2015-07-23 Initiated Coverage Drexel Hamilton Hold
2015-06-05 Upgrade BWS Financial Hold to Buy
2015-06-02 Reiterated Rating Brean Capital Buy $11.00
2015-05-09 Reiterated Rating Brean Capital Buy $11.00
2015-04-13 Set Price Target Brean Capital Buy $11.00
2015-03-23 Boost Price Target Brean Capital Buy $9.00 to $11.00
2015-02-18 Upgrade Noble Financial Hold to Buy $10.00
2015-01-20 Upgrade Dougherty & Co Neutral to Buy $9.00
2014-12-08 Downgrade BWS Financial Strong-Buy to Hold $20.00 to $7.00
2014-12-04 Lower Price Target Brean Capital Buy $11.00 to $9.00
2014-12-04 Downgrade Noble Financial Buy to Hold
2014-06-06 Lower Price Target Brean Capital Buy $14.00 to $11.00
2014-02-26 Downgrade Dougherty & Company Buy to Neutral
2014-02-26 Reiterated Rating Brean Capital Buy $18.00 to $14.00
2014-02-26 Downgrade Dougherty & Co Buy to Neutral
2013-12-03 Reiterated Rating Brean Capital Buy $14.00 to $18.00
2013-10-23 Initiated Coverage BWS Financial Strong-Buy to Strong-Buy $30.00
2013-09-27 Boost Price Target Noble Financial Buy $14.00 to $16.00
2013-04-10 Reiterated Maxim Group Buy $12 to $14
2013-02-12 Initiated Dougherty & Company Buy $14
2012-10-23 Initiated Maxim Group Buy $11
2011-03-15 Reiterated Kaufman Bros Buy $10 to $12
2010-04-13 Reiterated Kaufman Bros Buy $8 to $11
2009-12-02 Reiterated Kaufman Bros Buy $11 to $8
2009-11-16 Downgrade Avondale Mkt Outperform to Mkt Perform $11 to $7
2009-08-27 Initiated Kaufman Bros Buy $11
2008-04-01 Initiated Avondale Partners Mkt Outperform $9
2008-03-14 Reiterated Needham & Co Buy $12 to $10
2007-04-20 Initiated Needham & Co Buy $12
2016-04-11 Reiterated Rating BWS Financial Buy $10.00 to $6.00
2016-04-08 Downgrade Noble Financial Buy to Hold
2016-04-08 Lower Price Target Dougherty & Co Buy $9.00 to $7.00
2016-02-24 Initiated Coverage Lake Street Capital Buy $7.50
2015-09-03 Reiterated Rating Brean Capital Buy $11.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In SEAC 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks
STYSLINGER WILLIAM C III CEO and Chairman Board 5.80%  (1890293) SEAC /
Singer Eric Passive Investor 4.92%  (1603783) IEC / MERU / NMRX / PLXT / QTM / SEAC / SIGM / SPRT / TIGR / YUME /
TERINO EDWARD 0.99%  (321043) BALT / EXTR / ISSI / SEAC /
van Dommelen Erwin President, SeaChange Software 0.70%  (227041) SEAC /
Cotton Mary Palermo 0.67%  (217426) SEAC /
SAMIT JAY A Chief Executive Officer 0.66%  (214871) SEAC /
RAU RAGHAVENDRA 0.63%  (203710) AVNW / QTM / ROVI / SEAC /
OLSON THOMAS F 0.60%  (196972) SEAC /
CRADDOCK STEVEN 0.46%  (149926) MXL / SEAC /
VONA CARMINE 0.45%  (146610) SEAC /
GOLDFARB IRA Sr VP Worldwide Sales 0.45%  (146102) ENVI / SEAC /
Kanouff Yvette Marie President & Chief Strategy 0.41%  (133750) SEAC /
BISSON KEVIN M Sr VP Fin & Admin,Treas & Sec 0.38%  (122504) MRCY / SEAC /
McEvoy David VP and General Counsel 0.34%  (112020) SEAC /
Dias Anthony Chief Accounting Officer 0.33%  (108597) SEAC /
Wilson Royce E. 0.31%  (100610) SEAC /
MANN BRUCE E Sr VP Network Storage Engneerg 0.29%  (95361) SEAC /
Markey William Francis III 0.29%  (94210) SEAC /
Sriubas Andrew 0.23%  (76046) CBSO / SEAC /
BONNEY MARK J 0.23%  (76046) MRVC / SEAC / SIGM / ZIXI /
Davi Steven M Senior VP,Engineering 0.19%  (61185) SEAC /
Salvatori Carlo 0.18%  (60000) SEAC /
Rider Jonathan W. Senior Vice President 0.14%  (46062) SEAC /
Faubert Peter R. Chief Financial Officer 0.13%  (42703) SEAC /
HUAI REIJANE 0.09%  (28000) FALC / SEAC /
Feld Peter A 0.07%  (22650) BCO / DRI / IDTI / MRVL / NSP / SEAC / TSRA / UPIP /
BORNAK MICHAEL D Chief Financial Officer 0.04%  (12987) SEAC / USAP /
Kelly Anthony W Senior Vice President 0.02%  (5424) SEAC /