Interlink Electronics (LINK) Expected to Announce Quarterly Earnings on Thursday

Interlink Electronics (NASDAQ:LINK) is projected to post its results before the market opens on Thursday, August 6th. Analysts expect Interlink Electronics to post earnings of ($0.0267) per share and revenue of $3.10 million for the quarter.

Interlink Electronics (NASDAQ:LINK) last posted its quarterly earnings data on Thursday, May 14th. The technology company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Interlink Electronics had a negative return on equity of 13.62% and a negative net margin of 10.41%.The business had revenue of $3.07 million for the quarter, compared to analyst estimates of $3.30 million.

Interlink Electronics Trading Up 10.7%

Shares of LINK stock opened at $4.57 on Tuesday. The firm has a 50-day moving average price of $4.55 and a 200 day moving average price of $3.76. Interlink Electronics has a twelve month low of $2.66 and a twelve month high of $10.10. The company has a market capitalization of $71.98 million and a price-to-earnings ratio of -57.12.

Hedge Funds Weigh In On Interlink Electronics

A number of large investors have recently modified their holdings of LINK. CreativeOne Wealth LLC acquired a new position in shares of Interlink Electronics in the 3rd quarter valued at about $510,000. Wexford Capital LP purchased a new position in Interlink Electronics in the third quarter valued at approximately $38,000. Geode Capital Management LLC lifted its position in Interlink Electronics by 65.7% during the fourth quarter. Geode Capital Management LLC now owns 47,818 shares of the technology company’s stock valued at $186,000 after buying an additional 18,962 shares in the last quarter. Renaissance Technologies LLC grew its stake in Interlink Electronics by 162.0% during the fourth quarter. Renaissance Technologies LLC now owns 93,770 shares of the technology company’s stock worth $364,000 after buying an additional 57,974 shares during the period. Finally, State Street Corp purchased a new stake in Interlink Electronics during the fourth quarter worth approximately $49,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Interlink Electronics from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $8.67.

Interlink Electronics Company Profile

Interlink Electronics, Inc is a California-based company specializing in the design, development and manufacture of human interface technologies. The company’s core focus is on force-sensing and touch-sensitive solutions that enable intuitive control and feedback in electronic devices. Interlink holds proprietary intellectual property in the field of force-sensing resistors (FSRs) and related sensor technologies, giving it a distinct position in the market for tactile input components.

Interlink’s product portfolio includes thin-film force-sensing resistors, membrane keypads, touchpads and programmable touch-feedback modules.