IntraLinks Holdings, Inc. Earnings: Swung to a Profit

IntraLinks Holdings, Inc. (NASDAQ:IL) reported its results for the first quarter. IntraLinks Holdings, Inc. is a global provider of Software-as-a-Service (NASDAQ:SAAS) solutions for securely managing content, exchanging critical business information and collaborating within and among organizations.

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IntraLinks Holdings Earnings Cheat Sheet for the First Quarter

Results: Swung to a profit of $289,000 (one cent/diluted share) in the quarter. IntraLinks Holdings, Inc. had a net loss of $5.5 million or a loss 15 cents per share in the year earlier quarter.

Revenue: Rose 31.2% to $52.4 million YoY.

Actual vs. Wall St. Expectations: IL reported adjusted net income of of 10 cents/share. By that measure, the company fell in line with the mean estimate of 10 cents/share. Estimates ranged from 9 cents per share to 11 cents per share.

Quoting Management: “We remain confident about IntraLinks’ outlook. We continue to see strong market demand, have strengthened our sales leadership and will continue to expand our sales teams. As we look ahead to the remainder of 2011, we expect to see a combination of growth, profitability and cash flow that is a standout in the Software-as-a-Service sector,” said Anthony Plesner, IntraLinks’ CFO.

Competitors to Watch: Digimarc Corporation (NASDAQ:DMRC), Microsoft Corporation (NASDAQ:MSFT), Intl. Business Machines Corp. (NYSE:IBM), CA, Inc. (NASDAQ:CA), Google Inc. (NASDAQ:GOOG), Open Text Corp. (NASDAQ:OTEX), Bridgeline Digital Inc (NASDAQ:BLIN), Oracle Corporation (NASDAQ:ORCL) and KIT digital, Inc. (NASDAQ:KITD).

Stock Performance: Shares of IL are down 32% to $20.23 per share today from the previous close.

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