Internap Network Services Corp (INAP) Misses Q2 EPS by 3c

Internap Network Services Corp (NASDAQ: INAP) reported Q2 EPS of ($0.20), $0.03 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $80.4 million versus the consensus estimate of $81.76 million.

"We delivered solid financial results for the second quarter of 2015 with revenue and adjusted EBITDA within our guidance range. Data center services returned to sequential revenue growth, while a positive mix shift from higher core colocation, hosting and cloud services resulted in favorable margin expansion," said Michael Ruffolo, President and Chief Executive Officer of Internap. "Our strategy of providing an integrated platform of high-performance hybrid Internet infrastructure services continues to provide unique, compelling value to our customers. With a keen focus on improved execution, we are confident in our ability to accelerate top-line revenue growth, expand margins and create superior shareholder value."

For earnings history and earnings-related data on Internap Network Services Corp (INAP) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Sinda raises $331M in IPO, reports Q2 net loss of $16.6M
• Optimum Communications gets NYSE non-compliance notice over stock price