Revenue Update on Datalink Corporation(NASDAQ:DTLK)

Datalink Corporation(NASDAQ:DTLK) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $199.19M. Analysts estimated a revenue of $186.59M. Earnings per share were $0.18. Analysts had estimated an EPS of $0.12.

Datalink Corporation (DTLK) shares turned negative on Thursdays trading session with the shares closing down -0.5 points or -5.17% at a volume of 2,84,728. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $9.82. The peak price level was also seen at $9.82 while the days lowest was $9.04. Finally the shares closed at $9.17. The 52-week high of the shares is $9.82 while the 52-week low is $5.1. According to the latest information available, the market cap of the company is $207 M.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, Greg R Meland (director) sold 48,124 shares at $8.10 per share price.Also, 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.

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