Intellinetics Inc to Post Q1 2018 Earnings of ($0.03) Per Share, Taglich Brothers Forecasts (INLX)

Intellinetics Inc (OTCMKTS:INLX) – Taglich Brothers cut their Q1 2018 earnings per share (EPS) estimates for Intellinetics in a research note issued to investors on Monday, April 9th. Taglich Brothers analyst H. Halpern now expects that the company will earn ($0.03) per share for the quarter, down from their prior estimate of ($0.02). Taglich Brothers has a “Speculative Buy” rating on the stock. Taglich Brothers also issued estimates for Intellinetics’ Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.11) EPS, Q3 2019 earnings at ($0.02) EPS, Q4 2019 earnings at ($0.03) EPS and FY2019 earnings at ($0.09) EPS.

Intellinetics (OTCMKTS:INLX) last announced its quarterly earnings results on Monday, April 2nd. The company reported ($0.02) EPS for the quarter. The firm had revenue of $0.50 million during the quarter.

Shares of OTCMKTS:INLX opened at $0.18 on Thursday. The company has a market cap of $3.19 and a PE ratio of -2.25. Intellinetics has a 12 month low of $0.12 and a 12 month high of $1.00.

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About Intellinetics

Intellinetics, Inc develops, markets, and sells document solutions software to the public and private sectors in the United States. The company’s software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audio, video, and emails.

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