Datalink Corporation (DTLK) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Datalink Corporation (DTLK) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.05 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.10. The company posted revenue of $164.60 million in the period, compared to analysts expectations of $176.49 million. The company’s revenue was down -6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.

Many Wall Street Analysts have commented on Datalink Corporation. Datalink Corporation was Downgraded by Craig Hallum to ” Hold” on Feb 25, 2016.

Datalink Corporation opened for trading at $8.67 and hit $9.0299 on the upside on Friday, eventually ending the session at $8.96, with a gain of 2.99% or 0.26 points. The heightened volatility saw the trading volume jump to 89,989 shares. Company has a market cap of $197 M.

In a different news, on Nov 9, 2015, Grady Michael Shawn O (EVP Field Operations) sold 10,000 shares at $7.81 per share price. According to the SEC, on Jun 11, 2015, Gregory T Barnum (CFO) sold 5,000 shares at $9.25 per share price. On Jun 10, 2015, Paul F Lidsky (President & CEO) sold 7,000 shares at $9.22 per share price, according to the Form-4 filing with the securities and exchange commission.

Datalink Corporation is engaged in accessing designing deploying managing and supporting infrastructures such as servers storage and networks. The Company provides solutions and services to data centers for changing business needs. It leverages hardware and software from original equipment manufacturers (OEMs) as part of its data center optimization offerings. The Company’s portfolio of solutions and services spans four practices: consolidation and virtualization data storage and protection advanced network infrastructures and business continuity and disaster recovery solutions. The Company offers a suite of consulting analysis design implementation management and support services. The Company’s physical laboratory enables customers to participate in physical demonstrations of a range of technologies including site-to-site replication data recovery wide area network (WAN) optimization de-duplication and virtual data center architectures.

Datalink Corporation

Leave a Reply

Datalink Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Datalink Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.