Internap (NASDAQ:INAP) reported earnings of ($0.60) per share beating Walls Streets expectations.

ME Staff
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Internap (NASDAQ:INAP) reported Q2 2018 earnings this Morning, coming in at ($0.60) per share, beating Wall Street’s estimates of ($0.69) per Share. Revenue for the quarter came in at $81.96 million beating analyst estimates of $81.76 million

Recent Insider Trading for Internap (NASDAQ:INAP)

  • On 6/13/2018 Peter D Aquino, CEO, bought 4,470 with an average share price of $11.16 per share and the total transaction amounting to $49,885.20.
  • On 5/24/2018 Debora J Wilson, Director, bought 2,500 with an average share price of $9.76 per share and the total transaction amounting to $24,400.00.
  • On 5/23/2018 Richard Ramlall, VP, bought 300 with an average share price of $9.01 per share and the total transaction amounting to $2,703.00.
  • On 5/8/2018 Peter J Rogers Jr, Director, bought 2,500 with an average share price of $10.63 per share and the total transaction amounting to $26,575.00.
  • On 5/8/2018 Richard Ramlall, VP, bought 100 with an average share price of $10.85 per share and the total transaction amounting to $1,085.00.
  • On 5/8/2018 Robert Dennerlein, CFO, bought 2,200 with an average share price of $10.95 per share and the total transaction amounting to $24,090.00.



    About Company
    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. This segment offers its colocation services through 56 data centers and 97 POPs worldwide. The INAP CLOUD segment provides hosted Infrastructure-as-a-Service as a cloud platform or through managed hosting that includes the provision and maintenance of hardware, data center infrastructure, and interconnection that enables its customers to own and manage their software applications and content. This segment offers cloud and managed hosting services, which comprise compute and storage services, as well as a single tenant infrastructure environment through an integrated platform that includes servers, storage, and network. The company serves various industries, including healthcare; advertising technology; financial; technology infrastructure; and gaming and software. The company was formerly known as Internap Network Services Corporation and changed its name to Internap Corporation in November 2014. Internap Corporation was founded in 1996 and is headquartered in Atlanta, Georgia.

    Recent Analyst Rating for Internap (NASDAQ:INAP)



      Recent Trading for Internap (NASDAQ:INAP)
      Shares of Internap closed the previous trading session at with 1324400 shares trading hands.