IntraLinks Holdings Earnings: Here’s Why Investors are Not Happy Now

IntraLinks Holdings, Inc. (NYSE:IL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 4.86%.

IntraLinks Holdings, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 45.45% to $0.06 in the quarter versus EPS of $0.11 in the year-earlier quarter.

Revenue: Rose 8.42% to $57.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: IntraLinks Holdings, Inc. reported adjusted EPS income of $0.06 per share. By that measure, the company beat the mean analyst estimate of $0.03. It beat the average revenue estimate of $52.32 million.

Quoting Management: “The financial results for 2012 reflect the stability of our company as well as good momentum in our core strategic transactions business, where we continue to gain share,” said Ron Hovsepian, IntraLinks’ President and CEO. “We made significant progress that I believe will position us well for long-term growth. We strengthened our senior management team, and began to implement our strategy of leveraging the leadership position we have in our core business while investing in developing solutions that squarely address what we see as the unmet needs of the enterprise market for secure, beyond-the-firewall content collaboration.”

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