Interxion (INXN) Misses Q1 EPS by 2c

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Interxion Reports First Quarter 2016 Results

May 4, 2016 7:01 AM EDT

Recurring revenue grows 12% year over year

AMSTERDAM--(BUSINESS WIRE)-- Interxion Holding NV (NYSE: INXN), a leading European provider of carrier and cloud-neutral colocation data centre services, announced its results today for the three months ended 31 March 2016.

Financial Highlights

Revenue increased by 10% to 102.0 million (1Q 2015: 92.5 million). Recurring Revenue increased by 12% to 97.2 million (1Q 2015: 87.1 million). Adjusted EBITDA1 increased by 13% to 45.9 million (1Q 2015: 40.6 million). Adjusted EBITDA margin increased to 45.0% (1Q 2015: 43.9%). Net profit increased to 10.2 million (1Q 2015: 4.4 million). Adjusted net profit1 increased by 13% to 10.0 million... More