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.
For comments and feedback: editorial@rttnews.com