Interlink Electronics (LINK) Expected to Announce Earnings on Thursday

Interlink Electronics (NASDAQ:LINK) is expected to be posting its resultson Thursday, April 30th. Analysts expect Interlink Electronics to post earnings of ($0.0267) per share and revenue of $3.30 million for the quarter.

Interlink Electronics (NASDAQ:LINK) last released its earnings results on Thursday, March 26th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Interlink Electronics had a negative net margin of 14.70% and a negative return on equity of 18.09%. The firm had revenue of $2.85 million during the quarter, compared to analyst estimates of $3.20 million.

Interlink Electronics Trading Up 1.7%

Shares of NASDAQ LINK opened at $3.00 on Thursday. The firm’s 50-day moving average price is $3.15 and its 200-day moving average price is $4.05. Interlink Electronics has a 1-year low of $2.66 and a 1-year high of $10.10. The firm has a market capitalization of $47.25 million and a P/E ratio of -50.00.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Interlink Electronics from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $8.67.

Hedge Funds Weigh In On Interlink Electronics

Institutional investors have recently made changes to their positions in the stock. Wexford Capital LP acquired a new position in shares of Interlink Electronics during the third quarter valued at about $38,000. XTX Topco Ltd acquired a new position in shares of Interlink Electronics during the fourth quarter valued at about $40,000. Equitable Holdings Inc. acquired a new position in shares of Interlink Electronics during the fourth quarter valued at about $42,000. State Street Corp acquired a new position in shares of Interlink Electronics during the fourth quarter valued at about $49,000. Finally, IHT Wealth Management LLC raised its holdings in shares of Interlink Electronics by 65.7% during the fourth quarter. IHT Wealth Management LLC now owns 46,741 shares of the technology company’s stock valued at $181,000 after purchasing an additional 18,527 shares during the period.

About Interlink Electronics

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.