Interlink Electronics (NASDAQ:LINK) Posts Quarterly Earnings Results, Meets Expectations

Interlink Electronics (NASDAQ:LINK) announced its quarterly earnings results on Thursday. The technology company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02), Zacks reports. Interlink Electronics had a negative return on equity of 12.38% and a negative net margin of 8.95%. The business had revenue of $3.06 million for the quarter, compared to the consensus estimate of $3.40 million.

Interlink Electronics Stock Down 5.9%

Shares of NASDAQ:LINK opened at $3.05 on Friday. The company’s 50-day moving average price is $4.71 and its 200 day moving average price is $4.15. The company has a market cap of $48.04 million and a PE ratio of -43.57. Interlink Electronics has a fifty-two week low of $2.66 and a fifty-two week high of $6.50.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Interlink Electronics in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Interlink Electronics Company Profile

Interlink Electronics, Inc. develops and supplies human-machine interface and sensor technologies that enable users and equipment to detect touch, force, pressure, and other forms of physical interaction. Its products are designed to connect people with electronic systems and are used in applications that require compact, reliable, and customizable sensing solutions. The company’s offerings include force-sensing resistors, touch and pressure sensors, sensor arrays, control panels, and related interface components.