SeaChange International (Nasdaq: SEAC) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 31 (Q4), SeaChange International missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue shrank significantly and GAAP earnings per share shrank to a loss.

Margins dropped across the board.

Revenue details
SeaChange International recorded revenue of $51.7 million. The two analysts polled by S&P Capital IQ expected a top line of $54.0 million on the same basis. GAAP reported sales were 16% lower than the prior-year quarter's $61.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.16. The two earnings estimates compiled by S&P Capital IQ predicted $0.16 per share on the same basis. GAAP EPS were -$0.15 for Q4 against $0.34 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 50.9%, 330 basis points worse than the prior-year quarter. Operating margin was 9.5%, 460 basis points worse than the prior-year quarter. Net margin was -9.3%, 2,700 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $44.8 million. On the bottom line, the average EPS estimate is $0.11.

Next year's average estimate for revenue is $195.3 million. The average EPS estimate is $0.58.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 159 members out of 165 rating the stock outperform, and six members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give SeaChange International a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SeaChange International is outperform, with an average price target of $10.00.

New technology paradigms and mobile devices are driving the next wave of computing. Many older companies won't survive the change, while fortunes will be made by the first movers in the field. Where does SeaChange International fit in? What's the fortune-making change? Check out "The Two Words Bill Gates Doesn't Want You to Hear." Click here for instant access to this free report.