Multi-screen video products and services specialist SeaChange International has named Edward Terino as Chief Executive Officer, effective April 6th, immediately following the SeaChange board of directors’ termination of the employment of prior CEO Jay Samit. Terino had previously served as SeaChange’s Chief Operating Officer, beginning June 2015.

It made the announcement as it revealed fourth quarter fiscal 2016 revenue of $27.2 million and US GAAP loss from operations of $22.1 million, or $0.66 per basic share for the fourth quarter of fiscal 2016, compared to fourth quarter fiscal 2015 revenue of $31.3 million and US.

Other posts by :

1. Safran Space links laser direct to satellite
2. SpaceX fearful of AST SpaceMobile’s potential?
3. Equatys wants 2,800 new satellites
4. FCC eyes freeing up Weird Space Stuff spectrum
5. SES happy with releasing 160MHz of spectrum for 5G
6. Inmarsat “likely to win appeal” over Ligado/AST action
7. FCC seeks fair play over foreign satellite access
8. Bank raises RocketLab target price
9. Paramount throws kitchen sink

Categories: Articles, People