ModusLink Global Solutions (NASDAQ:MLNK) is set to issue its quarterly earnings data after the market closes on Tuesday, December 5th.
ModusLink Global Solutions (NASDAQ:MLNK) last posted its earnings results on Monday, October 16th. The technology company reported ($0.17) earnings per share for the quarter. ModusLink Global Solutions had a negative net margin of 5.92% and a negative return on equity of 36.62%. The firm had revenue of $99.78 million during the quarter. During the same period in the prior year, the firm earned ($0.38) earnings per share.
Shares of ModusLink Global Solutions (NASDAQ MLNK) opened at $1.64 on Friday. ModusLink Global Solutions has a fifty-two week low of $1.31 and a fifty-two week high of $2.38. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 0.95.
A hedge fund recently raised its stake in ModusLink Global Solutions stock. Northern Trust Corp increased its position in ModusLink Global Solutions, Inc (NASDAQ:MLNK) by 2.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 139,228 shares of the technology company’s stock after purchasing an additional 2,997 shares during the period. Northern Trust Corp owned 0.25% of ModusLink Global Solutions worth $237,000 at the end of the most recent quarter. Institutional investors own 56.26% of the company’s stock.
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About ModusLink Global Solutions
ModusLink Global Solutions, Inc is a provider of supply chain and logistics services through its subsidiaries, ModusLink Corporation and ModusLink PTS, Inc The Company provides services to companies in the consumer electronics, communications, computing, software, storage and retail industries. The Company operates through four segments: Americas, Asia, Europe and e-business.
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