Revenue Update on Intralinks Holdings Inc(NYSE:IL)

Intralinks Holdings Inc(NYSE:IL) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $72.95M. Analysts estimated a revenue of $72.80M. Earnings per share were $0.03. Analysts had estimated an EPS of $0.03.

Intralinks Holdings Inc (IL) shares turned negative on Fridays trading session with the shares closing down -0.09 points or -1.02% at a volume of 1,28,358. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $8.83. The peak price level was also seen at $8.83 while the days lowest was $8.67. Finally the shares closed at $8.71. The 52-week high of the shares is $11.75 while the 52-week low is $6.22. According to the latest information available, the market cap of the company is $499 M.

Several Insider Transactions has been reported to the SEC. On Sep 16, 2015, Habib Kairouz (director 10% owner) sold 33,900 shares at $9.41 per share price.Also, On Jun 2, 2015, Rainer Gawlick (Exec. VP, Global Sales) sold 250 shares at $10.69 per share price.On Mar 17, 2015, Jose Almandoz (EVP of Business Ops, Svc & CIO) sold 4,000 shares at $10.82 per share price, according to the Form-4 filing with the securities and exchange commission.

Intralinks Holdings Inc. is a global provider of Software-as-a-Service (SaaS) solutions for secure enterprise content collaboration within and among organizations. The Company’s cloud-based solutions enable organizations to manage control track search and exchange time-sensitive information inside and outside the firewall all within a secure and easy-to-use environment. The Company delivers its solutions through a cloud-based model making them available on-demand over the Internet using a multi-tenant SaaS architecture in which a single instance of its software serves all the customers. The Company serves enterprises and governmental agencies in approximately 94 countries across a range of industries including financial services pharmaceutical manufacturing biotechnology consumer energy telecommunications industrial legal professional services insurance and technology.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *