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Technology / AI and automation

COMPANY RESULT: FULCRUM TECHNOLOGIES INC

Fulcrum Technologies Inc, Ottowa-based information search and retrieval company, reported a second-quarter net loss of $2.1m on revenue down 2.5% at $11.2m, compared to a profit of $725,000 a year ago. Six-month net loss was $4.9m on revenue down 1.4% at $27.1m, compared to net income of $1.2m last year. Results for the quarter include acquisition-related charges of $1.2m. Figures were calculated at a rate of $0.7244 Canadian dollars to the American dollar.

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CBR Staff Writer

CBR Online legacy content.