ModusLink Global Solutions, Inc. (MLNK) posted a fourth quarter loss of $4.1 million or $0.09 per share, compared to a loss of $24.7 million or $0.53 per share in the fourth quarter last year.
Net revenue for the quarter was $225.2 million, compared to $276.3 million in the previous year quarter.
Looking forward, for the first quarter of fiscal 2010, the company expects revenues to be higher than the fourth quarter of fiscal 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.