Mary, you, Thank good afternoon and everyone.
our you We join could call this are afternoon. glad
will in call. outlining I what Let by cover me start today's
missed we our why for expectations explain I'll QX. First,
results recently. preliminary the release shared As we press in --
in fiscal as that to QX. share are additional expected wins the as quarter well our want those Second, in insights on I key
XXXX. that of the the XXXX pipeline revenue believe update fiscal for in we growth significant half of you fiscal will second opportunities key on first half fiscal compared half Third, I including to us enable achieve a will to summary XXXX of second the our of
for state our we on pipeline remains also opportunities. roadmap near-term strong very me fourth, revenue and And confident with positive some the I'll product you Let our at then beginning opportunities to that contribute growth. remain will that revenue that long-term developments our about update
and with expectations. our start our me missed QX results let why we So
First, transactions products segment, quarter the were provider expected some with while These close customers during we the happen in delayed. did service core that did in from our delays transactions not market resulted QX we moving investments opted there ecosystems. video or more an slowly outside video urgency other upgrade their was to decisions their to because prioritize of video expand customers our on and platform make delivery investment little platform and
as we've multi-million service broadened to new to new partnerships the as well several expected market our second we new opportunities Unfortunately, segments with effort Second, which traditional these dollar and as are as of customers, market and provider these we close many dependent of our ISPs. offering, we broadcasters on channel and in content more transactions outside including quarter market time require transactions. carriers close well. segment In owners, pursuing wireless product were
expect we close remainder transactions, these the in of some closed already QX. we've While to
revenues. Third, unable were terms in QX, in from these these to late recognize QX were due revenue we timing two transactions of will their closing the that in bookings but transactions to we to significant contribute booked any of revenue QX;
company past this are our in While remain obviously we quarter, with strategy. the we disappointed confident topline results
carriers and mobility, three this consumption on video a is content strategy personalized using to service owners deployments, innovation; mobile providers, based areas pricing. SaaS As cloud-based reminder, targeted of and
-- anticipated. Further, we the have increase required believe are of gaining More some cloud to pipeline our sales, we a the adverse importantly, size immediate originally it the seeing evidence if our and is recognition several even SaaS with we opportunities so PanoramiC, will based especially next on are pipeline portfolio, number our new platform of in a in revenue number traction on pricing, opportunities that quarters. have More than these we this impact strategy takes over that longer that bit marketplace.
new in Given full guidance lower Peter through new press our delay outlined our closing markets the transactions partnerships, will release in shortly. as revenue we which discuss will in year
in a successful Tier advertising were in did of We Europe $XX.X with multi-million in ensure and on $X.X booking Eastern update positive to booking rate in record dollar North a actions network company million of plan of refresh their Tier bookings to transaction where that customer X a million XXXX, new taking platform. new are our little were and a we run quarterly. revenues. to examples include; these they solution We also cash the provider A providers. bookings few successful additional In America cash spot X cost QX on service reflected revenue flow optimize reduction a that QX Tier is offer video we service X for are in to about their and
transaction $X customer this over the successful, of phase; to mobilization million an has While potential to revenue generate next X revenues the is that. and requirement XX if an this months beyond to initial for more excess of
their several equipment With expand also advertising needed growth closed the that advertising X platform in the that We to already during activity. as we were to of million Tier transactions with $X them and to booked advertising have QX. I in stated, delayed their due QX, respect of software Telco
their that closed we carrier a OTT spot customer a Asia a a in Tier with have First, solution to provide mobile new X platform. transaction is advertising for
we an very IPTV revenues expect logos. our third a $X opportunity in a the solid in of PanoramiC a X dollar and OTT booked Tier the half see additional and two the a platform. continue other September a for our is A and revenue for platform XXXX. close video multi-million booking list new a a close expect with opportunities for Using respect to all similar guidance XXXX, of fiscal And is deals, large of new half for the September; broadcaster. we provider we to revised several that and second with already platform. to With we fiscal One in service be to for million midpoint we to a mobile pipeline, wireless IPTV platform XXXX. fiscal estimate with carrier we've them in have is excess the delivered revenues expected are that of of in also We million of to that $XX second booked need approximately recognize including of OTT
than our As QX, total we $XXX second fiscal enter million. XXXX greater pipeline is half
to pipeline Included seven-figure believe valued close customers. in subset $XX more new and million. a identified we this QX that near-term than pipeline with transactions have QX a We of the at in opportunities existing includes likely and several
opportunities platforms. partners several upgrades, for and pipeline sales are a their This as are with upgrades. While SeaBridge some our of of direct new existing SeaContent customers as for includes majority advertising expansions second video through customers, spot several upgrades half well and
In the addition, we half expect their purchase XXXX. second of Liberty to back Global initiative additional will in related fiscal one office make
points have of is natural however, I seeing also We me operational together also that solution several upfront our of trends proof-of-concept comments, in platform especially my with This customers by first, during highly We cause elements require need. saw have revenue all thus bringing are customers we lengthier pain from growth. what portfolio evaluations them the as we mentioned the of our that experiencing also in once addresses are and is acceleration we regarded advantage to processes that customers I PanoramiC What will believe quarter solutions. today. an long-term we sales half the we process they very newer opportunities about products, that in terms than want to can our new see confidence give the as our sales longer fiscal a some previous note second XXXX.
channel the Another we we strategy video is pricing are aligned that quarter both go-to-market on our in and have overall our partners firmly solutions, trend particularly for that PanoramiC. observed and
go-to-market more compete solidified completely. and as the respond we In these alliances and to aggressively during customers partners, quarter we addition, of number with needs end-to-end a we technology more can
strategy our is in channel indirect Regarding integration leveraged system pipeline meaningful and sales, to opportunities. resulting partners
transactions partner As these partners, we opportunities [ph] market lead in more consummating to successful with through become these should relationships. more this
roadmap. Now our product shift let to me
Our technology mobile personalization, tenants; and cloud-based be delivery to continues solutions. three roadmap based on product
will we our Amsterdam, products in demonstrating and marketing of Conference biggest and Broadcasting International week the hosting year. be Next at customers the prospective event customers
as innovations have a through we all provides product Following our will Android utilizes our standardized to as advertising pivotal further partners and IBC, other [ph] At multiple pass powerful providers. as demonstrating solution in now basis. castLabs ability Because monetization we service participate demonstrate SeaChange we elements for fully linked near service of and as Liberty SeaChange are best SeaContent basis, enhanced in delivered PanoramiC cloud. Seaflo subscription and roadmap a embodying revenue among Amsterdam. an Technology operating like level how breed managed service trusted forward integrated in release, of personalized will is IBC, one is subscription-based transitioning we products together turnkey Global environment to including headquarters that greater a delivered a solution, be a part respect will a platform our of and models. PanoramiC a and generates a that IPTV in January and spot a areas from on With complementary consumption the three Liberty's it Summit to Further, is PanoramiC platform, PanoramiC assets, the developments, video PanoramiC general for by SeaBridge to ATES solution service; Broadpeak we as planning revenues TV solution transitioned with available or step PanoramiC for to platform deliver sponsor XXXX. Networks, is ATEME, with a of a delivery set solutions functionalities portfolio on model. the others; of
of to reflected ads, and anticipate half XXXX begin the advertising developments beyond. with of XXXX the impact fuller Other virtualizing second launch fiscal our Sea platform. reduce insertives of in PanoramiC their from We for the customers continue enabling the will [ph] include a spot for hardware in roadmap fiscal to to that cost product ad impact be significantly
ad on second XXXX virtualizing working customers now ad half for reduce of the creating are this in fiscal Sea to element These of cost splicers opportunities pipeline beyond. significantly hardware platforms. deliveries and roadmap are We advertising
with customers new capabilities. IR time XX shift current an have SeaBridge TV provides network improved release launched a Adrenalin TV and to We related capability that of
throughout related as delivery that will a workflow expand their to expanded TV for meta-data Android improved our well providers. enable QX we as SeaContent provides that have XXXX of along to user service an with version new capability to In a early with enrichment customers planned user capabilities We view organizations. improved deployments an are Sea of new SeaContent of interface, releasing expanded version customers for provide in interface
hand to before Peter call are I discuss some improve to cost our want Lastly, the over measures our I briefly to to additional structure. financials, we review taking
program As expenses services, come of QX. affected the general I to to employees. operating cost about consolidating reductions benefit support, will We noted anticipate customers by are the we remain later engineering, this reductions. in our from will from that these firm regain business; intention and be our approximately completed drive of professional $X will to our implemented that, reduction over administrative million long-term the and Peter With areas the in by we I'll call press of profitability shareholders, all locations release, will lower confident in Peter. hand strategy when initiatives want underline and to of our annualized more they year. details share these streamlining have and Most technical all the growth but
