2023-04-05 16:37:16 ET
- SeaChange press release ( NASDAQ: SEAC ): Q4 Non-GAAP EPS of $0.03.
- Revenue of $10.16M (+18.6% Y/Y).
- Gross profit was $7.4 million (or 73% of total revenue), an increase of 43% compared to $5.2 million (or 62% of total revenue) in the third quarter of fiscal 2023 and an increase of 30% compared to $5.7 million (or 66% of total revenue) in the fourth quarter of fiscal 2022.
- Ended the fourth quarter of fiscal 2023 with cash and cash equivalents of $13.4 million, $1.2 million of marketable securities, and no debt.
- Generated positive non-GAAP net income from operations for the third consecutive quarter totaling $1.6 million.
- Shares +6.2% .
For further details see:
SeaChange Non-GAAP EPS of $0.03, revenue of $10.16M