Last $3.58 USD
Change Today -0.025 / -0.69%
Volume 420.6K
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As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

moduslink global solutions i (MLNK) Snapshot

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moduslink global solutions i (MLNK) Details

ModusLink Global Solutions, Inc., through its subsidiaries, provides supply chain business process management services and solutions worldwide. The company operates through Americas, Asia, Europe, and All Other segments. It offers material planning and factory supply solutions, including sourcing and delivering inbound materials, kitting and assembly of packaging materials and accessories, and managing logistics and delivery schedules into multiple manufacturing sites or partners; and value-added warehousing and distribution services comprising order management, pick, pack, ship, retail connectivity, demand planning, and integrated transportation management services, as well as provides solutions for the programming of digital content, such as software, firmware, upgrades, or promotional material onto various types of flash media. The company also provides aftermarket services, which include product returns management services for simplifying the returns process for retailers and manufacturers, including receipt of goods, managing the returns management authorization process, sorting, triage, credit processing, and disposition of the returned product; and product repair and recovery services for clients to enhance the value of returned and excess inventory through product remanufacturing and value recovery services. In addition, it offers e-business solutions, including e-commerce, contact center, and financial management solutions, as well as a software platform that enables clients to manage access to digital and multimedia products, content, features, and services. The company serves clients in consumer electronics, communications, computing, medical devices, software, and retail markets. ModusLink Global Solutions, Inc. was founded in 1986 and is headquartered in Waltham, Massachusetts.

2,900 Employees
Last Reported Date: 10/14/14
Founded in 1986

moduslink global solutions i (MLNK) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $550.0K
Principal Accounting Officer and Corporate Co...
Total Annual Compensation: $236.8K
Senior Vice President and General Counsel
Total Annual Compensation: $158.7K
Vice Chairman and Chief Administrative Office...
Total Annual Compensation: $86.2K
Compensation as of Fiscal Year 2014.

moduslink global solutions i (MLNK) Key Developments

ModusLink Global Solutions, Inc. Approves Amendment to the Restated Certificate of Incorporation

ModusLink Global Solutions, Inc. announced that at its annual general meeting was held on December 9, 2014, the shareholders approved the amendment of the company’s Restated Certificate of Incorporation.

Moduslink Global Solutions, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended October 31, 2014

ModusLink Global Solutions, Inc. announced unaudited consolidated earnings results for the first quarter ended October 31, 2014. For the quarter, the company reported net revenue of $187,444,000 against $191,415,000 a year ago. Operating income was $1,147,000 compared to $2,621,000 a year ago. Income from continuing operations before taxes was $1,371,000 compared to $1,809,000 a year ago. Income from continuing operations was $222,000 or $0.00 per basic and diluted share, compared to $538,000 or $0.01 per basic and diluted share a year ago. Net income was $222,000 or $0.00 per basic and diluted share, compared to $617,000 or $0.01 per basic and diluted share a year ago. EBITDA was $7,060,000 compared to $5,619,000 for the same period a year ago. Adjusted EBITDA was $7,539,000 compared to $8,767,000 for the same period a year ago. The change in net revenue was primarily driven by decreased revenues from clients in the computing and consumer electronics markets and decreased revenues from an aftermarket services program related to the repair and refurbishment of mobile devices, offset by a significant increase in revenue from a consumer electronics client.

ModusLink Global Solutions and Credorax Partner to Provide Complete E-Commerce Acquiring and Payment Processing Solutions to Cross-Border Merchants

ModusLink Global Solutions and Credorax announced their partnership to offer joint e-commerce merchants, comprehensive and powerful payment processing solutions and services. ModusLink's online merchants will leverage Credorax's next-generation acquiring solutions to optimize operational procedures and maximize business growth. Through a single, completely automated and digital platform, Credorax enables merchants and PSPs to manage and conduct all of their online payments business through a single source instead of fragmented solutions dispersed in different geographical locations. ModusLink works with its e-commerce clients to reach their revenue goals, drive growth and build their brands around the globe, leveraging their unique, integrated optimization and business-growth e-commerce capabilities.


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