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SeaChange International loses $8.3M in Q2

Acton video support firm SeaChange International took a big loss in the second quarter with revenues of $11.9 million and a net loss of $8.3 million.
The company ended the quarter with $24.4 million in cash compared to $43.7 to start the year. 
Year over year, the company reported losses in both revenue and narrowing its profitability gap, as revenues declined by 30 percent. 

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