Webtech Wireless Inc. (WEW.TO) reported that its fourth-quarter net loss narrowed to C$934 thousand from C$8.24 million in the year ago quarter.
Total revenue increased 4% to C$11.4 million compared to C$11.0 million in the same quarter last year. The increase in revenue in the quarter compared to the prior year is the result of an increase in recurring revenue particularly due to sales of Quadrant transportation solutions, sales in the theft recovery segment and several large NextBus projects that were implemented in 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.