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Datawatch Corporation Reports Results for Second Quarter 2010

Thursday, May 6, 2010

Datawatch Corporation, a leader in Business Intelligence (BI), today announced results for its second quarter ended March 31, 2010.

Revenues for the quarter ended March 31, 2010 were $4,571,000, as compared to $5,092,000 for the quarter ended March 31, 2009. Net loss for the second quarter of fiscal 2010 was $(97,000), or $(0.02) per diluted share, as compared to net loss of $(5,854,000), or $(0.99) per diluted share, for the second quarter of fiscal 2009. Revenues for the six months ended March 31, 2010 were $8,806,000 as compared to $10,294,000 for the six months ended March 31, 2009. Net loss for the six months ended March 31, 2010 was $(297,000), or $(0.05) per diluted share, as compared to net loss of $(5,469,000), or $(0.92) per diluted share, for the six months ended March 31, 2009. The results for the three and six months ended March 31, 2009 include a $6.4 million goodwill and trademark impairment charge.

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

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