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News Breaks
May 21, 2014
08:57 EDTDWCHDatawatch partners with MDS Tech
Datawatch and MDS Tech, part of the MiDiS Group and the holding company for numerous affiliates in the Middle East, Europe and Turkey, announced a strategic regional partnership which will span Eastern Europe and the Middle East. MDS Tech companies will now offer the full Datawatch visual data discovery solution. MDS Tech delivers business solutions to its Tier-One customers in banking, public sector, healthcare, telecommunications and oil and gas across the region.
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January 28, 2015
16:20 EDTDWCHDatawatch reports Q1 adjusted EPS (38c), consensus (27c)
Reports Q1 revenue $6.96M, consensus $9.04M. Due to the size of the revenue shortfall and resulting net loss for the quarter, management has determined that a "triggering event" had occurred with regards to a potential impairment of the company's goodwill and related intangible assets, which total approximately $46M as of December 31, 2014. Accordingly, the company is working through an analysis with its financial advisors to determine if such impairment exists and, if so, to quantify the amount. This analysis is expected to be completed over the next few weeks and the company will record any non-cash charge, if applicable, in its unaudited financial statements to be included in its Q1 Form 10-Q, which is anticipated to be filed on or before February 10.
January 22, 2015
10:22 EDTDWCHPotrero Capital reports 5.52% passive stake in Datawatch
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