ModusLink Global Solutions (MLNK) Releases Quarterly Earnings
ModusLink Global Solutions (NASDAQ:MLNK) announced its earnings results on Monday. The company reported ($0.18) earnings per share for the quarter, ARN reports. The company had revenue of $173.30 million for the quarter, compared to the consensus estimate of $173.00 million.
Shares of ModusLink Global Solutions (NASDAQ:MLNK) traded up 1.79% during mid-day trading on Monday, hitting $3.97. The stock had a trading volume of 101,834 shares. ModusLink Global Solutions has a 52-week low of $2.60 and a 52-week high of $5.88. The stock has a 50-day moving average of $3.83 and a 200-day moving average of $4.49. The company’s market cap is $204.4 million.
ModusLink Global Solutions, Inc, through its wholly owned subsidiaries, ModusLink Corporation (NASDAQ:MLNK), ModusLink PTS, Inc (ModusLink PTS) and Tech For Less LLC (TFL), executes supply chain and logistics services.
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