Internap Network Services Corp (INAP) Reports In-Line Q4 EPS, Accelerates Business Unit Realignment and Updates Strategic Review Proces

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Go back to Internap Network Services Corp (INAP) Reports In-Line Q4 EPS, Accelerates Business Unit Realignment and Updates Strategic Review Proces

Internap Reports Record High Annual and Quarterly Adjusted EBITDA and Adjusted EBITDA Margin

February 18, 2016 4:02 PM EST

ATLANTA, Feb. 18, 2016 /PRNewswire/ -- Internap Corporation (NASDAQ: INAP), a provider of high-performance Internet infrastructure services, today announced financial results for the fourth quarter and full-year of 2015.

"We returned to sequential revenue growth in the fourth quarter that resulted in our highest adjusted EBITDA quarter in 2015 as our company-wide growth initiatives continue to yield improvements. We gained positive operating momentum throughout the second-half of 2015 with fourth quarter bookings higher than third quarter bookings and fourth quarter churn rate the lowest level in six quarters. The improved execution of our strategy... More