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Seachange International Inc.

After CEO ouster, SeaChange names new CFO

SeaChange International has named Peter Faubert as the company's new chief financial officer just three months after the board ousted the company's former CEO Jay Samit.

SeaChange replaces CEO amid $48M in yearly losses

SeaChange International has replaced its CEO as the company posted a fiscal 2016 operating loss of $48.2 million, nearly double the losses from the previous year.

SeaChange to save $6M annually in restructuring

SeaChange International of Acton has announced cuts to its Timeline Labs (TLL) operations in California that will save the company around $6 million annually while retaining the recently acquired firm's clients and software.

Accolades & Honors

Tim Garvin, CEO of the United Way of Central Massachusetts, won the Lifetime Achievement Award from the Massachusetts Nonprofit Network, at its annual conference. He was honored for his "thoughtful approach to philanthropy" in forging partnerships between nonprofits, government and communities, according to the organization's website.
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SeaChange appoints head of Europe business

Rochus Schreiber, a video, mobile and cloud services industry veteran, has been tapped to lead SeaChange International’s...

SeaChange ‘encouraged’ despite second-quarter loss

Video software manufacturer SeaChange International of Acton saw a second-quarter loss of $4.8 million, or 14 cents per share, the company reported Wednesday. Its revenue for the quarter, which ended July 31, was $27.9 million.

SeaChange losses deepen; sales in line with expectations

Video software manufacturer SeaChange International of Acton saw a nearly 5 percent drop in revenue in its fiscal 2016 first quarter and suffered a loss of more than $9.8 million, almost 4 percent more than what it lost in the same quarter last year and worse than company expectations.

SeaChange misses fourth-quarter mark

Stock for Multiscreen video software maker SeaChange International of Acton was trading down over 15 percent in morning trading after fourth quarter fiscal reports missed analysts' expectations.
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SeaChange of Acton takes aim at Asia

Video software manufacturer SeaChange International of Acton, seeking more business in the Asia-Pacific region, has hired a market veteran to lead its operations on that side of the world, the company announced.

SeaChange completes Timeline Labs acquisition

Acton-based video software maker SeaChange International said it has completed its acquisition of Timeline Labs, a California-based social media analytics developer. The acquisition was announced in December, and SeaChange officials say it will support the company's growth strategy by expanding its customer base and extending its expertise to television broadcasting and online video.
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