Internap Corporation (INAP) Reports In-Line Q3 Revenue
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INAP Reports Third Quarter 2018 Financial Results
November 1, 2018 7:00 AM EDTReported Revenue of $83.0 Million up 1.2% Sequentially and 20.4% Year-over-YearGAAP Net Loss of $(15.1) Million, or GAAP Net Loss Margin of (18.2)%Adjusted EBITDA of $29.4 Million up 3.5% Sequentially and 26.2% Year-over-Year; Adjusted EBITDA Margin of 35.4% up 80 Basis Points Quarter-over-Quarter and up 160 Basis Points Year-over-YearCash Flow from Operations was $10.3 Million, with Capital Expenditures of $12.0 MillionSubsequent to Quarter-End, INAP Closed $40 Million Common Stock Offering to Continue to Gain Flexibility and Fuel Organic Growth
RESTON, VA, Nov. 01,... More
