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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.