Intralinks Holdings Inc (IL) was Upgraded by Craig Hallum to ” Buy”. Earlier the firm had a rating of “Hold ” on the company shares. Craig Hallum advised their investors in a research report released on Aug 4, 2016.
On the company’s financial health, Intralinks Holdings Inc reported $-0.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.17 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.03. The company had revenue of $73.00 million for the quarter, compared to analysts expectations of $72.81 million. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.
Intralinks Holdings Inc closed down -0.09 points or -1.30% at $6.82 with 1,24,213 shares getting traded on Tusday. Post opening the session at $6.85, the shares hit an intraday low of $6.8 and an intraday high of $6.95 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Jun 2, 2015, Rainer Gawlick (Exec. VP, Global Sales) sold 250 shares at $10.69 per share price. According to the SEC, on Mar 17, 2015, Jose Almandoz (EVP of Business Ops, Svc & CIO) sold 4,000 shares at $10.82 per share price.
Intralinks Holdings Inc. is a global provider of Software-as-a-Service (SaaS) solutions for secure enterprise content collaboration within and among organizations. The Company’s cloud-based solutions enable organizations to manage control track search and exchange time-sensitive information inside and outside the firewall all within a secure and easy-to-use environment. The Company delivers its solutions through a cloud-based model making them available on-demand over the Internet using a multi-tenant SaaS architecture in which a single instance of its software serves all the customers. The Company serves enterprises and governmental agencies in approximately 94 countries across a range of industries including financial services pharmaceutical manufacturing biotechnology consumer energy telecommunications industrial legal professional services insurance and technology.