Workstream Inc. (WSTM), a provider of software and services for human capital management, Monday said it expects to report fourth quarter GAAP net loss in the range of $1.43 million to $1.33 million. The Ottawa, Canada-based company forecasts loss per share of $0.03 for the period. In the comparable period last year, the company reported net loss of $4.04 million or $0.08 per share.
Analysts polled by First Call/Thomson Financial expect the company to report a loss of $0.08 per share for the quarter.
Revenues for the quarter are anticipated between $6.9 million and $7 million, while analysts estimate $7.57 million. Revenues were $7.38 million in the prior-year period.
Cash and cash equivalents as of May 31 were $3.4 million. Workstream expects to report bookings of $2.3 million in additional software business during the quarter.
WSTM is currently trading at $0.33, up $0.01or 3.13%, on a volume of 60 thousand shares.
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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.