Cable infrastructure gear vendor SeaChange (SEAC) is down 7.5% AH after reporting FQ2 revenue of...

|About: SeaChange International, Inc. (SEAC)|By:, SA News Editor

Cable infrastructure gear vendor SeaChange (SEAC) is down 7.5% AH after reporting FQ2 revenue of $50.1M (-3% Y/Y) and EPS of $0.12, missing consensus by $5.6M and $0.04. The company blames the shortfall on "unforecasted delays" in recognizing revenue. Earlier today, it was reported SeaChange had won a new software deal with Comcast.