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.
No comments have been posted yet.