Datawatch (DWCH) Misses Q3 EPS by 2c

Datawatch (NASDAQ: DWCH) reported Q3 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $9.07 million versus the consensus estimate of $8.83 million.

James L. Eliason, chief financial officer, commented, “For the second consecutive quarter, we produced positive operating cash flow and, for the first time in nearly four years, we generated positive net income on a non-GAAP basis. In addition, the key metrics by which we monitor our progress -- deferred revenue balances, subscription bookings and subscription revenue -- all continue to trend up in a healthy fashion.”

For earnings history and earnings-related data on Datawatch (DWCH) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery
• Movano (MOVE) Misses Q2 EPS by 195c