Interlink Electronics (LINK) Expected to Release Earnings on Thursday

Interlink Electronics (NASDAQ:LINK) will likely be releasing its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of ($0.0267) per share and revenue of $3.10 million for the quarter.

Interlink Electronics (NASDAQ:LINK) last issued its quarterly earnings results on Thursday, May 14th. The technology company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Interlink Electronics had a negative net margin of 10.41% and a negative return on equity of 13.62%. The company had revenue of $3.07 million during the quarter, compared to the consensus estimate of $3.30 million.

Interlink Electronics Price Performance

LINK stock opened at $4.40 on Wednesday. Interlink Electronics has a 12 month low of $2.66 and a 12 month high of $10.10. The firm has a market cap of $69.30 million and a PE ratio of -55.00. The firm has a 50 day simple moving average of $4.53 and a 200 day simple moving average of $3.77.

Institutional Trading of Interlink Electronics

Hedge funds have recently bought and sold shares of the company. Wexford Capital LP acquired a new position in shares of Interlink Electronics in the third quarter worth about $38,000. XTX Topco Ltd acquired a new stake in shares of Interlink Electronics during the fourth quarter valued at approximately $40,000. Equitable Holdings Inc. purchased a new stake in shares of Interlink Electronics in the 4th quarter valued at approximately $42,000. State Street Corp purchased a new stake in shares of Interlink Electronics in the 4th quarter valued at approximately $49,000. Finally, IHT Wealth Management LLC boosted its stake in Interlink Electronics by 65.7% in the 4th quarter. IHT Wealth Management LLC now owns 46,741 shares of the technology company’s stock worth $181,000 after purchasing an additional 18,527 shares during the period.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Interlink Electronics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Interlink Electronics has an average rating of “Hold” and an average target price of $8.67.

Interlink Electronics Company Profile

Interlink Electronics, Inc is a California-based company specializing in the design, development and manufacture of human interface technologies. The company’s core focus is on force-sensing and touch-sensitive solutions that enable intuitive control and feedback in electronic devices. Interlink holds proprietary intellectual property in the field of force-sensing resistors (FSRs) and related sensor technologies, giving it a distinct position in the market for tactile input components.

Interlink’s product portfolio includes thin-film force-sensing resistors, membrane keypads, touchpads and programmable touch-feedback modules.