Correction: Earns-Datawatch story
BEDFORD, Mass. (AP) — In a story January 25 about Datawatch Corp.’s results — generated by Automated Insights using data from Zacks Investment Research — The Associated Press reported erroneously that the company is a provider of information optimization products. Datawatch develops self-service data preparation tools.
A corrected version of the story is below:
Datawatch reports 1Q loss
Datawatch posts loss of $828,000 in first quarter
BEDFORD, Mass. (AP) — Datawatch Corp. (DWCH) on Thursday reported a loss of $828,000 in its fiscal first quarter.
On a per-share basis, the Bedford, Massachusetts-based company said it had a loss of 7 cents. Losses, adjusted for stock option expense and costs related to mergers and acquisitions, were 1 cent per share.
The provider of self-service data preparation tools posted revenue of $9.6 million in the period.
Datawatch shares have risen 21 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.45, more than doubling in the last 12 months.
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DWCH at https://www.zacks.com/ap/DWCH