Search Results for "dtlk"

DTLK Q2 08 Results

By: ispeculatornew | Date posted: 07.16.2008 (8:44 pm)

DTLK – Datalink (NASDAQ) – (Closing Price – $4.95) 

Datalink reported solid Q2 results today and the company guided for another good quarter in Q3.

In Q2 Datalink reported revenue of 49.71 million and EPS of 0.08. Revenue improved 4% sequentially and 23% year over year. EPS increased by 0.04 sequentially and by 0.11 year over year. For Q3 Datalink gave guidance for revenue between 49 and 53 million and EPS between 0.06 and 0.10.

Datalink continues to report improvement in its financial results in a challenging economic environment and I expect the stock price to continue to trend up. The need for data storage is going to continue to increase and this bodes well for Datalink in the future.

I don’t see any reason to sell Datalink and I would continue to hold your shares.

Disclaimer: I do not have a position in DTLK.

DTLK Q1 08 Results

By: ispeculatornew | Date posted: 04.16.2008 (9:30 pm)

Datalink announced Q1 08 results today and reported nice results.

Datalink reported 47.73 million in revenue and diluted earnings per share (EPS) of 0.04. Revenue was up 17% YOY and EPS was up from a loss of 0.06 in Q1 07. Datalink also reported its highest gross margin since the fourth quarter of 2004. The company gave guidance for revenue between 48-52 million and EPS of 0.05 – 0.09 for next quarter.

Datalink is continuing to show improvement in its financial numbers and I would continue to hold your shares. I think the stock price of Datalink will rebound quite a bit over the next few quarters as it reports further improvement.

DTLK – Buy Recommendation

By: ispeculatornew | Date posted: 12.02.2007 (2:59 pm)

DTLK – Datalink (Nasdaq) (Closing price on Friday, 11/30/07 – $4.29)

Datalink has had a couple of rough quarters since my initial recommendation but the company returned to profitability last quarter and gave decent guidance for next quarter.

In Q3 of 2007 Datalink reported revenue of 45.9 million and earnings per diluted share of $0.07. Revenues were up sequentially and Datalink reported its first profit since Q4 of 2006.

For the upcoming quarter Datalink gave guidance for revenue between 47 and 52 million and EPS between $0.06 and $0.11. Datalink reported that their backlog was down to 25 million from 30 million in the previous quarter. However, the CEO stated he was “cautiously optimistic that we will see more aggressive storage spending … as many of our customers take advantage of the availability of year end budget dollars”. (more…)

DTLK – Update

By: ispeculatornew | Date posted: 07.07.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price on Friday, 7/6/07 – $5.45)

On July 2 Datalink lowered its second quarter guidance due to a “slow down in IT and storage spending” with some of its large customers.

Datalink lowered its revenue forecast to a range of 40 to 41 million from the previous range of 49 to 50 million and also lowered its earnings forecast to a loss of 3 to 5 cents a share from previous guidance of breakeven to a profit of 5 cents. (more…)

DTLK – Datalink Q1 2007 Earnings

By: ispeculatornew | Date posted: 04.25.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price – $6.76)

Datalink reported very disappointing first quarter results today and the stock price took quite a hit. However, I think the selloff provides a good buying opportunity for those willing to hold through the end of the year.

Datalink reported revenue of 40.91 million. This was an increase sequentially and year over year, but the increase was due to the addition of two months of revenues from their acquisition of MSCI. The lower margins of MSCI’s products and the costs related to integrating MSCI took a toll on earnings and Datalink reported a loss of 0.06. (more…)

DTLK – Q4 2006 Earnings

By: ispeculatornew | Date posted: 02.07.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price – $8.20)

Datalink reported very solid results today and I think the foolish dumping by some short term investors presents a good buying opportunity for those with a longer time horizon.

Datalink reported earnings of $0.19 (excluding a tax benefit) which is an eight cent improvement sequentially and a nine cent improvement year over year. It is also better than the profit of $0.18 they made a couple of quarters ago that sent the share price to a 52 week high of $12.50. (more…)

DTLK Update

By: ispeculatornew | Date posted: 01.21.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price on Friday, 1/19/07 – $7.52)

Datalink is up 6% since I originally recommended it and there haven’t been any developments since my original recommendation. However, Datalink is set to report earnings on February 7 and I am going to give you my opinion of what you should expect. (more…)

DTLK – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 12.20.2006 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price – $7.10)

Datalink (ticker: DTLK) is a company in a growing industry and has been reporting solid results. Datalink operates as an information storage architect which basically means it helps companies store and protect their data. This is a valuable service to offer because most businesses deal with overwhelming amounts of information that they must keep protected.

Datalink’s quarterly results can be erratic due to the timing and completion of contracts but overall their results are good. For the first nine months of this year Datalink has reported a 32 percent increase in revenues over the prior year. Datalink’s trailing earnings for the last four quarters is $0.47. That would give DTLK a PE of 15 with today’s closing price of $7.1. That is very cheap for a growing company. (more…)

Free Stock Picks – July Report

By: ispeculatornew | Date posted: 07.05.2008 (2:29 pm)

AIXG – Aixtron (NASDAQ) 

Aixtron has sold off considerably since my last update and I have not found any definitive reason for the sharp decline. However, I do have a theory about what might have happened.

Aixtron had been mentioned as a possible acquisition target of Applied Materials (AMAT). However, on June 6 Applied Materials announced it made a nonbinding proposal to acquire parts of ASM International (ASMI). The stock price of Aixtron dropped considerably in the days following the announcement. I believe some institution or hedge fund had taken a position in Aixtron solely because of its buyout potential and when the AMAT announcement came out they decided to bail. Since Aixtron has a low float this institutional selling caused a significant decline in the share price.

I think Aixtron is a good company to own regardless of a buyout and I think the institution or hedge fund that decided to dump Aixtron made a foolish decision. I still like the company and I am going to recommend buying some more and averaging down (I will use Friday’s closing price for calculation purposes). (more…)

Free Stock Picks – June Report

By: ispeculatornew | Date posted: 06.02.2008 (8:02 pm)

AIXG – Aixtron (NASDAQ)
Aixtron reported Q1 results on May 8 and reported flat results. However, the company reaffirmed guidance which means the company should report considerable improvement in future quarters. I would continue to hold your shares.

CAAS – China Automotive Systems (NASDAQ)
The stock price of China Automotive Systems had a big jump after the company released impressive Q1 results but has sold off since. I think the stock price of CAAS has the potential to go much higher so I would be patient and continue to hold.

DTLK – Datalink (NASDAQ)
There has not been any major news released about Datalink. A positive article was written about the company though. I still rate the company a hold. (more…)