Intralinks Holdings Inc (IL) is Initiated by JMP Securities to Mkt Perform

Intralinks Holdings Inc (IL) was Initiated by JMP Securities to “Mkt Perform”. JMP Securities advised their investors in a research report released on Sep 22, 2016.

Many Wall Street Analysts have commented on Intralinks Holdings Inc. Intralinks Holdings Inc was Upgraded by Craig Hallum to ” Buy” 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 -0.04 points or -0.41% at $9.6 with 52,078 shares getting traded on Tuesday. Post opening the session at $9.67, the shares hit an intraday low of $9.56 and an intraday high of $9.69 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

Intralinks Holdings Inc

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