SeaChange Q4 sales fell 10 percent from a year earlier to $51.7...
SeaChange Q4 sales fell 10 percent from a year earlier to $51.7 million, the company said Thursday. It swung to a $4.8 million net loss from an $11 million gain a year earlier on lower sales and higher restructuring costs.…
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The company said it’s actively engaged in selling its remaining non-core assets after shedding the broadcast server and storage business. “Our focus in fiscal 2013 is on the execution of our strategy to transform the company into a pure-play software provider, lowering our overall cost structure,” CEO Raghu Rau said.