Datawatch: Fiscal 4Q Earnings Snapshot
BEDFORD, Mass. (AP) _ Datawatch Corp. (DWCH) on Thursday reported a loss of $2.3 million in its fiscal fourth quarter.
On a per-share basis, the Bedford, Massachusetts-based company said it had a loss of 18 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 6 cents per share.
The provider of information optimization products posted revenue of $11.6 million in the period.
For the year, the company reported that its loss widened to $9.3 million, or 74 cents per share. Revenue was reported as $41.7 million.
Datawatch shares have increased 37 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.06, a rise of 27 percent in the last 12 months.