ModusLink Global Solutions (MLNK) Reports Q3 Loss of $0.12, Sees Q4 Revenue Close To Q3
ModusLink Global Solutions, Inc. (NASDAQ: MLNK) reported Q3 EPS of ($0.12), versus ($0.08) reported last year. Revenue for the quarter came in at $207.1 million, versus $213.7 million reported last year.
For the fourth quarter of fiscal 2011, the Company expects revenue to be similar to revenue reported in the third quarter of fiscal 2011. In addition, the Company continues to expect gross margin as a percentage of revenue in the second half of fiscal 2011 to be higher than results in the first half of the year.
For the fourth quarter of fiscal 2011, the Company expects revenue to be similar to revenue reported in the third quarter of fiscal 2011. In addition, the Company continues to expect gross margin as a percentage of revenue in the second half of fiscal 2011 to be higher than results in the first half of the year.