Datalink Corp (DTLK) Misses Q2 EPS by 6c

Datalink Corp (NASDAQ: DTLK) reported Q2 EPS of $0.12, $0.06 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $182.6 million versus the consensus estimate of $188.45 million.

Datalink Corp sees Q3 2015 EPS of $0.13-$0.18, versus the consensus of $0.20. Datalink Corp sees Q3 2015 revenue of $175-185 million, versus the consensus of $182.51 million.

“We anticipated some of the changes that are occurring in the IT market, and that is why we have been working hard over the last few years to transition the company away from its dependence on storage sales and transform it into a full-service provider of data center solutions and services. We are making strong progress, as our continued growth of consulting and managed services along with converged data center infrastructure indicate, and we will continue to invest in these and other parts of the business in support of continued growth,” said Paul Lidsky, Datalink’s president and CEO. “The actions we took will redistribute our resources to meet changes in the market and help keep the company growing profitably.”

For earnings history and earnings-related data on Datalink Corp (DTLK) click here.

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