Internap Network Services Corp (INAP) Reports In-Line 3Q; Cowen Reiterates Market Perform

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Go back to Internap Network Services Corp (INAP) Reports In-Line 3Q; Cowen Reiterates Market Perform

Internap Reports Continued Adjusted EBITDA Margin Expansion and Positive Levered Free Cash Flow

November 5, 2015 4:03 PM EST

ATLANTA, Nov. 5, 2015 /PRNewswire/ -- Internap Corporation (NASDAQ: INAP), a provider of high-performance Internet infrastructure services, today announced financial results for the third quarter of 2015. 

"Our company-wide growth initiatives are beginning to yield encouraging results. We gained positive operating momentum throughout the third quarter of 2015 with bookings increasing each month during the quarter and September bookings reaching the highest level in six months. Additionally, customer churn is improving while channel partner productivity is increasing," said Michael Ruffolo, President and Chief Executive Officer of Internap. "We believe our third quarter 2015 results... More