SeaChange International Inc. is a tech penny stock that provides multiscreen, advertising, and video products. These products and services facilitate the aggregation, licensing, management, and distribution of video and advertising content worldwide. Its SeaChange Adrenalin product is a multiscreen video back office platform enabling service providers to manage and monetize a seamless viewing experience. As you can see its offerings expand greatly into the tech industry.
On June 10th the company reported its fiscal first-quarter 2022 financial results. The Executive Chairman Robert Pons said, âDuring the fiscal first quarter, we successfully completed the initial phase of our strategic roadmap, which has optimized our operations, solidified our financial foundation, and positioned us to drive scale, capture market share, and create even greater value for both our customers and shareholders.â
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