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Seachange International Inc  (SEAC)
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EARNINGS REPORT by CSIMarket

Losses Widen, Sales Faded

Seachange International Inc announced second quarter 2018 operating shortfall of $-8.27 millions

Mobilfunkantennenanlage_Niwre_at_the_German_language_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonWeak demand caused increase in losses for the second quarter 2018, company's loss per share grew to $-0.26 from $-0.05 where Sales fell by -30.91 % to $12 millions from $17 millions a year ago.

In contrast to the first quarter 2018 Sales fell by -20.31 % from $15 millions and increased losses from $-0.15 per share.

For the second quarter 2018 Seachange International Inc realized net loss of $-9 million, bigger than $-2 million a year ago.


Seachange International Inc is expected to report next financial results on March 19, 2019.


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Earnings Jumped by 26.92 %, Modest Revenue Increase

Weak demand caused increase in losses for the second quarter 2018, company's loss per share grew to $-0.26 from $-0.05 where Sales fell by -30.91 % to $12 millions from $17 millions a year ago.

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New Bookings on the rise again

U.S. Factory orders continued to rise after recent weakness, shipments grew at the higher rate of 1.14 % to $510 billions.

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Loss on Weak Sales

In the third quarter Evine Live Inc increased losses of $-0.14 per share compare to $-0.02 a year ago and from $0.00 per share from the previous quarter.

Sales declined in double digits by -12.31 % to $131.71 millions from $150.21 millions in the same quarter a year ago and sequentially Sales deteriorated by -12.66 % from $150.80 millions.

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Guess Inc announced third quarter operating shortfall of $-21.505 millions

For the third quarter company's loss per share has widen to $-0.17 from $-0.04 year on year, despite Sales increase of 9.25 % to $605.41 millions.

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Profits Surge on the higher pace

Revenue for the forth quarter increased by 9.58 % to $13.45 millions in comparison to $12.27 millions in the prior year quarter, earnings were up by 20.63 % to $0.58, as comparison at $0.48 in the prior year quarter.

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dollar-1175048_960_720 Gross Domestic Product

In the third-quarter GDP grew 3.5 %

The U.S. economy grew at a solid pace during the July-through-September period, helped by more robust consumer spending and growth in investments.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

September The output of the nation's factories, mines and utilities grew 0.3 %


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The restocking of retailers, accelerated in August

Retail inventories increased on the faster pace again, as the retailers stock up their shelves.

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Johnson Outdoors Inc announced forth quarter operating shortfall of $-1.973 millions

In the forth quarter Johnson Outdoors Inc slipped into loss of $-0.49 per share compare to $0.06 a year ago and eps fell from $2.37 per share from the previous quarter.

Sales decreased by -0.68 % to $91.13 millions from $91.76 millions in the same quarter a year ago and sequentially Sales Tumbled by -46.64 % from $170.78 millions.

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Ollies Bargain Outlet Holdings, Inc announced third quarter operating surplus of $29.289 millions

In the third quarter Ollies Bargain Outlet Holdings, Inc eps of $0.38 per share compare to $0.00 a year ago and profits fell by -15.56 % from $0.45 per share from the previous quarter.

Sales remained unchanged to $283.61 millions from $0.00 millions in the same quarter a year ago and sequentially Sales decreased by -1.56 % from $288.10 millions.

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Deficit Bigger Than a Year Ago but Revenues Unchanged

In the second quarter General Steel Holdings Inc losses widen of $-0.03 per share compare to $0.15 a year ago and improved from $-0.37 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.45 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Culp Inc announced second quarter operating surplus of $4.284 millions

In the second quarter Culp Inc income dropped by -28.13 % of $0.23 per share compare to $0.32 a year ago and eps more than doubled by 187.5 % from $0.08 per share from the previous quarter.

Sales contracted by -4.58 % to $77.01 millions from $80.70 millions in the same quarter a year ago and sequentially Sales advanced by 7.74 % from $71.47 millions.

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Double Digit EPS Growth, Revenues Down

Despite weak Sales in the third quarter, company has managed to improve it's earnings per share, income increased by 15.15 % to $0.76 per share while Sales fell by -6.36 % to $269.18 millions, year on year.

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Outstanding EPS Increase

Company displayed pleasant results in the forth quarter. Sales were at $240.28 millions higher by 16.31 % year on year and increased by 3.31 % quarter on quarter, while earnings jumped by 50.28 % to $0.22, sequentially profit plummeted by -44.89 %.

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Other SEAC's Earnings Reports

Seachange International Inc reported first quarter 2018 earnings

Seachange International Inc reported forth quarter 2017 earnings

Seachange International Inc reported third quarter 2017 earnings

     
       
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