US Dataworks Inc. (UDWK) Friday reported a loss in fourth-quarter, compared to a profit posted in the same quarter last year. For its latest fourth quarter, the company reported a net loss of $41 thousand or $0.01 per share, compared to a net income of $116 thousand or $0.01 per share in the year-ago quarter.
Revenue for the fourth quarter declined to $1.6 million from $2.1 million in the comparable quarter last year.
For fiscal 2012, the company reported net loss of $485 thousand or $0.01 per share, narrower than $608 thousand or $0.02 per share in the year-ago period.
Revenue for the same period was $6.6 million, down from $7.3 million last year.
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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.