Intellinetics (NYSEAMERICAN:INLX) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Intellinetics (NYSEAMERICAN:INLX) released its quarterly earnings data on Thursday. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03, FiscalAI reports. The firm had revenue of $4.03 million during the quarter, compared to analyst estimates of $4.92 million. Intellinetics had a negative return on equity of 22.39% and a negative net margin of 17.56%.

Intellinetics Trading Down 3.4%

INLX traded down $0.13 during trading on Thursday, reaching $3.74. The company had a trading volume of 1,910 shares, compared to its average volume of 7,484. The business has a 50 day simple moving average of $4.83 and a 200-day simple moving average of $6.24. The stock has a market cap of $16.79 million, a P/E ratio of -5.84 and a beta of 0.19. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 0.01. Intellinetics has a 52 week low of $3.62 and a 52 week high of $9.19.

About Intellinetics

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.