Datalink Q3 revenue down 7%

Datalink (Nasdaq: DTLK) third quarter revenues for the quarter ended September 30, 2016, decreased 7% to USD184.0 million compared to USD198.0 million for the quarter ended September 30, 2015, the company said.

Included in the third quarter of 2016 is approximately USD10.3 million of fulfillment revenues compared to USD22.3 million in the third quarter of 2015.

Without these fulfillment revenues, which the company has now discontinued, revenue would have decreased 1% from the comparable quarter. Revenues for the nine months ended September 30, 2016, decreased 1% to USD547.8 million compared to USD556.0 million for the nine months ended September 30, 2015.

On a GAAP basis, the company reported net earnings of USD546,000 or USD0.03 per diluted share for the third quarter ended September 30, 2016. This compares to net earnings of USD1.3 million or USD0.06 per diluted share in the third quarter of 2015.

Datalink provides IT services to meet business challenges. Combining extensive experience, a full lifecycle of services and a comprehensive approach to producing IT innovations that empower positive business outcomes, Datalink delivers success across cloud IT transformation, next generation technology, and security.