0
Broadband

Internap revenues slide 7% to USD 78.3 mln in Q3

Friday 6 November 2015 | 10:07 CET | News
Internet infrastructure services provider Internap said revenues for the third quarter fell 7 percent from the year before to USD 78.3 million, with data centre services revenues down 5 percent to USD 58.6 million. Adjusted EBITDA was unchanged from the year before while the net loss widened to USD 14.19 million or USD 0.027 per share from a loss the year earlier of 12.53 million or USD 0.18 per share. CEO Michael Ruffolo said that the company-wide growth initiatives were beginning to yield encouraging results, with higher booking, improved churn and increased channel partner productivity.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

INAP expands with Digital Realty in Greater Phoenix

Published 07 Jul 2017 12:33 CET | United States
Internap (INAP) and Digital Realty Trust entered into an amended agreement for data centre space leased to INAP in Chandler, ...

Internap revenue down 6%, net loss declines in Q1

Published 06 May 2016 13:17 CET | World
Internap, a provider of internet infrastructure services, saw its revenue total USD 75.9 million in the first quarter, a decrease ...

Internap restructures as it waits for suitors amid lower Q4

Published 19 Feb 2016 14:27 CET | World
Internet infrastructure services provider Internap said revenues for the fourth quarter fell 7 percent from the year before to ...

AppLovin scales out mobile ad platform with Internap

Published 04 Nov 2015 10:47 CET | World
Internap, a provider of internet infrastructure services, announced that AppLovin is using Internap's bare-metal ...

Internap wins contract from Weather Decision Technologies 

Published 02 Oct 2015 15:00 CET | World
Internap was awarded a contract by Weather Decision Technologies (WDT) under the terms of which WDT can use its high-density ...

Internap lowers FY guidance on delayed orders

Published 25 Sep 2015 11:12 CET | United States
Internet infrastructure services provider Internap has lowered its full year guidance on the back of orders getting pushed into ...