Datalink Corporation (DTLK) Releases Earnings Results, Beats Expectations By $0.06 EPS

Datalink Corporation (DTLK) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $0.18 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $0.12. Analysts expectations of $186.59 million. During the same quarter in the previous year, the company posted $0.12 EPS.

Datalink Corporation opened for trading at $7.79 and hit $8.05 on the upside on Thursday, eventually ending the session at $7.96, with a gain of 1.79% or 0.14 points. The heightened volatility saw the trading volume jump to 91,195 shares. Company has a market cap of $180 M.

In a different news, on Jun 2, 2016, Greg R Meland (director) sold 48,124 shares at $8.10 per share price. According to the SEC, on May 27, 2016, Gregory T Barnum (CFO) sold 5,704 shares at $8.10 per share price. On May 6, 2016, Denise Westenfield (VP, Controller, Chief Acct Off) sold 3,000 shares at $8.11 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

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