Acquisition Drags Down Earnings

Datalink reported GAAP-based earnings for the fourth quarter of $3.7 million, or 16 cents per share, down from the $5.2 million, or 24 cents per share, the company reported last year. On a non-GAAP basis, earnings for the fourth quarter reached $7.3 million, or 33 cents per share, excluding the Bear Data acquisition.

For the fourth quarter of 2014, Bear subtracted about 7 cents per share in earnings, Barnum said. That stemmed from the fact that Bear Data's business in general resulted in lower margins than Datalink had been used to, he said.