Intellinetics (NYSEAMERICAN:INLX) Issues Quarterly Earnings Results

Intellinetics (NYSEAMERICAN:INLX) issued its earnings results on Thursday. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03, FiscalAI reports. The business had revenue of $4.03 million for the quarter, compared to the consensus estimate of $4.92 million. Intellinetics had a negative net margin of 17.56% and a negative return on equity of 22.39%.

Intellinetics Stock Down 3.4%

Shares of INLX stock traded down $0.13 during mid-day trading on Thursday, hitting $3.74. The stock had a trading volume of 1,910 shares, compared to its average volume of 7,484. The firm has a market capitalization of $16.79 million, a P/E ratio of -5.84 and a beta of 0.19. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.75 and a quick ratio of 0.73. Intellinetics has a 12-month low of $3.62 and a 12-month high of $9.19. The firm’s 50-day moving average is $4.83 and its two-hundred day moving average is $6.24.

Intellinetics Company Profile

Intellinetics, Inc. is a software and information-management company that provides cloud-based solutions for capturing, organizing, securing, and automating business documents and records. Its offerings are designed to help organizations replace paper-based processes with digital workflows and improve access to critical information. The company’s products and services include document management, content management, document imaging, workflow automation, and records-management capabilities. Intellinetics also supports specialized business processes such as accounts payable, electronic forms, and the storage and retrieval of digital records.