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

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

Shares of Glassbridge Enterprises (NASDAQ GLAE) opened at 2.30 on Friday. The firm’s 50 day moving average price is $3.22 and its 200 day moving average price is $4.91. Glassbridge Enterprises has a 52-week low of $1.55 and a 52-week high of $12.60. The stock’s market cap is $11.41 million.

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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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