Internap Network Services Corp (INAP) Lowers FY Guidance

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Internap Updates Full Year 2015 Guidance

September 24, 2015 4:30 PM EDT

ATLANTA, Sept. 24, 2015 /PRNewswire/ -- Internap Corporation (NASDAQ: INAP), a provider of high-performance Internet infrastructure services, today announced updated financial guidance for the full-year 2015 based on preliminary financial results for the third quarter of 2015. The updated guidance remains subject to change based on actual third quarter results and in connection with the preparation of the unaudited financial statements for the quarter ended September 30, 2015.

Based on preliminary financial data, Internap expects third quarter 2015 revenue to be between $77.5 million and $79 million and adjusted EBITDA to be between $18 million and $19 million. Internap updated its financial outlook for full-year... More