Revenues

SeaChange Reports Increased Revenues and Income, Driven by its Software Segment

VOD and advanced advertising technology provider, SeaChange International, has released financial results for its fiscal first quarter (2011), ended April 30th: Revenues totaled $54.1 million, compared to $48.9 million for the year-ago quarter--an increase of 11%. Revenues from the company's Software segment totaled $40.9 million--up $10.3 million, or 34%, from the year-ago quarter. According to the company, the segment's revenue growth was driven by "higher Axiom and VOD advertising product revenue from a large North...

OpenTV Reports Lower Q1 Revenues, Profits

Interactive TV and advanced advertising technology provider, OpenTV , announced its first-quarter financial results Thursday: --Revenues totaled $29.4 million, compared to $33.8 million for the year-ago quarter. Royalties and licenses revenues decreased 2.7% to $21.6 million, and services and other revenues decreased 32.8% to $7.8 million.
--Revenues from the company's Middleware Solutions segment totaled $27 million, compared to $30.1 million for the year-ago quarter. Contribution margin from the segment was $10.9 million, compared to...