Even if you use products from SeaChange International
For example, I have used VOD from Verizon
SeaChange stands for the secret sauce that makes FiOS the better on-demand platform; smaller rival Concurrent Computing
In the just-reported second quarter, SeaChange's sales grew 14% year over year to $53 million. Non-GAAP earnings doubled to $0.10 per share. By comparison, Concurrent recently closed the books on its fiscal year 2010 with 16% lower sales and a small net loss. SeaChange's stock fell hard on the news, but such is life in the land of lumpy small-cap earnings and analyst guesstimates.
Other on-demand product providers include giants such as Cisco Systems
And it will only get better. SeaChange is maneuvering to get out of selling server hardware in order to become a higher-margin software business only. I staked my Motley Fool CAPS score on an "outperform" rating four years ago, and I stand by that optimistic opinion even though that pick has actually underperformed the S&P 500 since then. On-demand's time will come to rule broadcast media, and I believe that SeaChange will ride at the head of that assault.
Am I right? Am I wrong? Either way, make your opinion known with a quick CAPS rating on SeaChange.
Fool contributor Anders Bylund doesn't hold a position in any of the companies discussed here. The Fool has written calls (bull call spread) on Cisco Systems. Try any of our Foolish newsletter services free for 30 days.True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. You can check out Anders' holdings and a concise bio if you like, and The Motley Fool is investors writing for investors.