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Datawatch -27.6% AH on FQ2 warning

Apr. 10, 2014 6:07 PM ETDatawatch Corporation (DWCH) StockBy: Eric Jhonsa, SA News Editor2 Comments
  • Datawatch (NASDAQ:DWCH) expects FQ2 (March quarter) revenue of $7.8M-$8M, below a $9.1M consensus, and a net loss of $3.1M-$3.3M.
  • The data discovery/analytics software vendor blames the push-out of over $1.5M in license revenue, largely due to  "timing issues related to the closing of several accounts." Imperva can sympathize.
  • Datawatch also "experienced an unexpected management departure in [its] global major accounts group in March." The company says it has made a promotion to deal with the departure.

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