Posts Tagged ‘Datalink Q1 2007 Earnings’

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…)