Glassbridge Enterprises Inc (NASDAQ:GLAE) Posts Quarterly Earnings Results

Glassbridge Enterprises Inc (NASDAQ:GLAE) announced its earnings results on Friday. The company reported ($0.90) earnings per share for the quarter, Morningstar.com reports. The firm had revenue of $8.80 million for the quarter.

Shares of Glassbridge Enterprises (NASDAQ:GLAE) remained flat at $2.30 during midday trading on Friday. 1,729 shares of the company’s stock traded hands. The company’s market cap is $11.41 million. Glassbridge Enterprises has a 12 month low of $1.55 and a 12 month high of $12.60. The company has a 50-day moving average of $3.22 and a 200 day moving average of $4.91.

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About Glassbridge Enterprises

GlassBridge Enterprises, Inc, formerly Imation Corp., is a holding company. The Company is a data storage and data security company. It operates through Nexsan segment. The Nexsan segment operates as its own product line. Its storage systems portfolio ranges from storage products to unified hybrid storage solutions for small and medium commercial businesses, enterprise and government customers.

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