03:41 PM EST - Bridgewater Systems : announced financial results for the three months ended March 31, 2011 and its updated outlook for fiscal 2011. Total revenue for Q1 2011 was $19.1 million, compared with $24.5 million for Q1 2010. Net earnings for Q1 2011 were $0.9 million, or $0.03 per share fully diluted, versus $4.5 million, or $0.18 per share fully diluted, in the prior year. Bridgewater Systems
shares T.BWC are trading down $1.03 at $6.78.
