Citing a temporary slowdown in US cable VOD spending, SeaChange said 1Q estimated revenue will be $30mln-$32mln, less than the previously expected $40mln. It expects a loss of $0.00-$0.03/share, vs the company’s previous guidance of net income of $0.03/share. SeaChange said long-term opportunities remain strong in the worldwide market, and that "given that US cable operators have started their digital simulcast deployments, we see another wave of growth coming in the sector."

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How Verizon’s New CEO Aims to Steady the Ship

Dan Schulman said his appointment as Verizon’s new CEO felt like coming home in many ways.

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