Datawatch reported favorable Q3 earnings results after heavily disappointing analysts in last quarter's results. Revenues grew more than 40% this quarter, after just 7% growth in Q2.
Shares have rebounded more than 30% since the last quarter. Still, the company maintains a tiny market cap at ~$165 million.
Datawatch jumped more than 15% on the back of Q3 earnings alone.
Average deal sizes for the company enlarged in the quarter, legitimizing Datawatch as a serious data analytics play.
After heavily disappointing the Street last quarter with its earnings results, Datawatch (DWCH), a Massachusetts-based provider of data analytics and preparation software, has seen a tremendous rebound. Last quarter, the company looked like