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Datawatch Corporation Reports Results for First Quarter 2011

Thursday, February 3, 2011

Datawatch Corporation, the leader in report activation, today announced results for its first quarter ended December 31, 2010. Revenues for the quarter ended December 31, 2010 were $4,180,000, as compared to $4,234,000 for the quarter ended December 31, 2009. Net income for the first quarter of fiscal 2011 was $229,000, or $0.04 per diluted share, as compared to net loss of $(199,000), or $(0.03) per diluted share, for the first quarter of fiscal 2010. As of December 31, 2010, the Company had $7,481,000 in net cash and cash equivalents, an increase of $428,000, or 6 percent, compared to September 30, 2010.

Article sourced from www.businesswire.com, click here to read full story.

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