Edition:
United States

Internap Corp (INAP.OQ)

INAP.OQ on NASDAQ Stock Exchange Global Select Market

16.51USD
3:59pm EST
Change (% chg)

$-0.96 (-5.50%)
Prev Close
$17.47
Open
$17.66
Day's High
$17.81
Day's Low
$16.01
Volume
184,500
Avg. Vol
61,230
52-wk High
$22.28
52-wk Low
$3.20

Latest Key Developments (Source: Significant Developments)

Luxcore signs multi-year colocation deal with INAP
Thursday, 9 Nov 2017 08:00am EST 

Nov 9 (Reuters) - Internap Corp ::Luxcore signs multi-year colocation deal with INAP.Internap corp - ‍announced a multi-year agreement for colocation services in seven global locations​.  Full Article

Internap Q3 loss per share $0.14
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Internap Corp :INAP reports third quarter 2017 financial results.Q3 GAAP loss per share $0.14.Q3 revenue $68.9 million versus I/B/E/S view $69.1 million.Internap Corp - ‍2017 revenue outlook narrowed; 2017 adjusted EBITDA outlook raised, 2017 capex outlook reaffirmed​.Internap Corp - sees ‍full-year 2017 revenue $277 million - $282 million​.Internap Corp - sees ‍full-year 2017 adjusted EBITDA $87 million - $92 million​.  Full Article

INAP Q2 GAAP loss per share $0.24
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Internap Corp :INAP reports second quarter 2017 financial results.Q2 GAAP loss per share $0.24.Q2 revenue $69.6 million versus I/B/E/S view $70.6 million.Q2 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.Reaffirming full year revenue, adjusted EBITDA outlook‍​.Sees ‍FY capex $32 million - $37 million​.  Full Article

Internap, on June 29, entered into seventh amendment to lease agreement by, between digital 2121 South Price and company
Thursday, 6 Jul 2017 04:45pm EDT 

July 6 (Reuters) - Internap Corp ::Internap - on June 29, 2017 co entered into seventh amendment to lease agreement by and between digital 2121 South Price, Llc and the company.Internap Corp - seventh amendment was entered into on June 29, 2017 but is deemed to be effective as of may 1, 2017 - sec filing.Internap -seventh amendment, among other things, provides for extension of term of lease agreement for the leased premises until December 31, 2029.Internap - amendment amends lease agreement by and between lessor, co originally entered into on June 15, 2007 covering portion of building located in Arizona.  Full Article

INAP strategically expands with Digital Realty in Greater Phoenix
Thursday, 6 Jul 2017 04:05pm EDT 

July 6 (Reuters) - Internap Corp -:INAP strategically expands with Digital Realty in Greater Phoenix.Co, digital realty trust have entered into an amended agreement for data center space leased to INAP in Chandler, Arizona.Internap Corp - ‍INAP also partnered with Digital Realty to realign its existing leases in el segundo and Oakland, California​.Internap Corp - ‍amendments provide renewed lease extensions, with potential for additional space to support INAP's growth in these markets​.  Full Article

INAP sees full-year 2017 revenue between $275 mln-$285 mln
Tuesday, 9 May 2017 07:00am EDT 

May 9 (Reuters) - Internap Corp :INAP reports first quarter 2017 financial results.Q1 revenue $72.1 million versus I/B/E/S view $71.7 million.Internap Corp sees full-year 2017 revenue $275 million - $285 million.Internap Corp sees full-year 2017 adjusted EBITDA $85 million - $90 million.Internap Corp sees full-year 2017 capital expenditures $37 million - $42 million.Internap Corp qtrly normalized net loss $4.8 million versus net loss of $ 6.1 million.FY2017 revenue view $281.9 million -- Thomson Reuters I/B/E/S.  Full Article

Internap files for offering of 27.2 mln shares of common stock by selling stockholders
Monday, 27 Mar 2017 05:12pm EDT 

Internap Corp :Internap Corp files for offering of 27.2 million shares of common stock by selling stockholders.  Full Article

INAP reports Q4 revenue of $74.1 mln
Thursday, 9 Mar 2017 07:00am EST 

Internap Corp : Internap Corp sees full-year 2017 adjusted EBITDA $84 million - $87 million . Internap Corp sees 2017 revenue $275 million - $285 million . Internap Corp sees full-year 2017 capital expenditures approximately $42 million . INAP reports fourth quarter 2016 financial results . Q4 adjusted loss per share $0.11 . Q4 GAAP loss per share $0.25 . Q4 revenue $74.1 million versus I/B/E/S view $73.5 million . Q4 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S .FY2017 revenue view $287.7 million -- Thomson Reuters I/B/E/S.  Full Article

Internap Corp raises $43 mln in common equity private placement
Wednesday, 22 Feb 2017 07:00am EST 

Internap Corp : Internap Corporation raises $43 million in common equity private placement .Internap Corp - Company will use net proceeds of offering to repay a portion of its term loan indebtedness.  Full Article

Internap Corp enters into a third amendment and waiver to credit agreement
Thursday, 26 Jan 2017 05:23pm EST 

Internap Corp - : Co, certain lenders, Jefferies finance entered into a third amendment and waiver to credit agreement-SEC filing . Third amendment, among other things, amends credit agreement to decrease maximum level of permitted capital expenditures .Effectiveness of amendments is conditioned on co completing equity offerings before June 30, for gross cash proceeds of not less than $40 million.  Full Article

BRIEF-Luxcore signs multi-year colocation deal with INAP

* Internap corp - ‍announced a multi-year agreement for colocation services in seven global locations​ Source text for Eikon: Further company coverage: