Internap (NASDAQ:INAP) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 1st. Analysts expect Internap to post earnings of ($0.51) per share for the quarter.
Internap (NASDAQ:INAP) last issued its quarterly earnings data on Thursday, August 2nd. The information technology services provider reported ($0.47) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.22. The business had revenue of $81.96 million for the quarter, compared to analyst estimates of $81.76 million. Internap had a negative return on equity of 2,471.65% and a negative net margin of 15.52%. Internap’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.24) EPS. On average, analysts expect Internap to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
Shares of INAP stock opened at $8.42 on Wednesday. The firm has a market cap of $188.21 million, a P/E ratio of -5.43 and a beta of 2.26. Internap has a twelve month low of $8.06 and a twelve month high of $19.00. The company has a debt-to-equity ratio of 72.60, a quick ratio of 0.62 and a current ratio of 0.62.
Internap Company Profile
Internap Corporation provides Internet infrastructure services. It operates through two business segments, INAP COLO and INAP CLOUD. The INAP COLO segment offers colocation services, including physical space within data centers and related services, such as power, interconnection, environmental controls, monitoring, and security; and Internet protocol (IP) connectivity services comprising its patented Performance IP and content delivery network services, IP routing hardware and software platforms, and Managed Internet Route Optimizer controllers.
Further Reading: Consumer behavior in bull markets
Receive News & Ratings for Internap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Internap and related companies with MarketBeat.com's FREE daily email newsletter.