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Internap Reports First Quarter 2012 Financial Results

ATLANTA April 26, 2012

  • $67.0 million $59.4 million
  • ( 1) $35.9 million ( 1)
  • ( 2) $12.2 million ( 2)
  • Announces launch of Agile Hosting offering, a global on-demand hosting service and self-service configurator.

Internap Network Services Corporation (NASDAQ: INAP), a leading provider of IT infrastructure services, today announced financial results for the first quarter of 2012. 

Eric Cooney

First Quarter 2012 Financial Summary

1Q 2012

1Q 2011

4Q 2011



Revenues:

Data center services

$

39,938

$

31,542

$

35,316

27%

13%

IP services

27,090

27,862

27,484

-3%

-1%

Total Revenues

$

67,028

$

59,404

$

62,800

13%

7%

Operating Expenses

$

65,320

$

60,292

$

63,739

8%

2%

 

GAAP Net Income (Loss)

$

107

$

(1,500)

$

4,198

n/m

n/m

( 2)

$

1,554

$

(400)

$

269

n/m

n/m

Segment Profit

$

35,874

$

30,374

$

32,876

18%

9%

Segment Margin

53.5%

51.1%

52.4%

240 BPS

110 BPS

Adjusted EBITDA

$

12,233

$

9,213

$

12,605

33%

-3%

Adjusted EBITDA Margin

18.3%

15.5%

20.1%

280 BPS

-180 BPS

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