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Internap Corp (INAP.OQ)

INAP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Internap Corp - Signs Multi-Year Renewal As Anchor Tenant In Inap’S Flagship Phoenix Data Center
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - Internap Corp ::LEADING GLOBAL FINANCIAL INSTITUTION SIGNS MULTI-YEAR RENEWAL AS ANCHOR TENANT IN INAP’S FLAGSHIP PHOENIX DATA CENTER.INTERNAP CORP - CUSTOMER AGREED TO A LONG-TERM CONTRACT EXTENSION FOR POWER AND COLOCATION SERVICES THROUGH JUNE OF 2028.INTERNAP CORP - CUSTOMER AGREED TO A LONG-TERM CONTRACT EXTENSION FOR POWER AND COLOCATION SERVICES THROUGH JUNE OF 2028.  Full Article

INAP Reports Second Quarter 2019 Financial Results
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Internap Corp ::INAP REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 GAAP LOSS PER SHARE $0.78.Q2 REVENUE $73.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $76.8 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.55 -- REFINITIV IBES DATA.STRATEGIC INITIATIVES REVIEW REMAINS ACTIVE.SEES 2019 REVENUE $290 MILLION - $300 MILLION.SEES 2019 CAPITAL EXPENDITURES $25 MILLION - $30 MILLION.  Full Article

Internap Corp Says CFO Jim Keeley To Depart From Co On Aug. 30
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Internap Corp ::INAP REALIGNS FINANCE TEAM.INTERNAP CORP - BOARD OF DIRECTORS INITIATES SEARCH FOR NEW CFO.INTERNAP CORP - JOSEPH DUFRESNE, VP CORPORATE DEVELOPMENT, PROMOTED TO SVP, FINANCE, CORPORATE DEVELOPMENT AND TREASURY.INTERNAP CORP - JIM KEELEY, INAP'S CFO, HAS ANNOUNCED HIS PLANNED DEPARTURE FROM INAP ON AUGUST 30.INTERNAP CORP - INTENDS TO APPOINT DUFRESNE TO ADDITIONAL ROLE OF INTERIM CHIEF FINANCIAL OFFICER.  Full Article

Internap Corp Provides 2019 Outlook With Enhanced Data Center Portfolio
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Internap Corp ::INAP PROVIDES 2019 OUTLOOK WITH ENHANCED DATA CENTER PORTFOLIO.SEES FY 2019 REVENUE $325 MILLION TO $335 MILLION.SEES 2019 OUTLOOK FOR GAAP NET LOSS OF $37 MILLION - $47 MILLION.BOARD AUTHORIZES INITIAL $5 MILLION, SHARE REPURCHASE PROGRAM.SEES 2019 CAPITAL EXPENDITURES APPROXIMATELY $40 MILLION WITH $10 MILLION RESERVE.FULL-YEAR 2018 REVENUE IS EXPECTED TO BE WITHIN OUTLOOK RANGE OF $320 MILLION TO $324 MILLION.INTERNAP-SEES VOLUNTARY DATA CENTER,POP ASSET CLOSURES TO CUT ANNUAL REVENUE BY ABOUT $10 MILLION, STARTING PARTIALLY IN Q418, & REACHING NEW BASELINE IN Q119.  Full Article

Internap Reports Q3 2018 Results
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Internap Corp ::INAP REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 GAAP LOSS PER SHARE $0.75.Q3 REVENUE $83 MILLION VERSUS I/B/E/S VIEW $83 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.43 -- THOMSON REUTERS I/B/E/S.SEES FY REVENUE $320 MILLION - $330 MILLION.FY2018 REVENUE VIEW $323.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Inap’S Subsidiary Iweb Technologies Inc. Renews Multi-Year Agreement With One Of Canada’S Largest Pension Investment Managers
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Internap Corp ::INAP’S SUBSIDIARY IWEB TECHNOLOGIES INC. RENEWS MULTI-YEAR AGREEMENT WITH ONE OF CANADA’S LARGEST PENSION INVESTMENT MANAGERS.INTERNAP CORP - UNDER TERMS OF DEAL, IWEB WILL PROVIDE ROBUST CONNECTIVITY, GUARANTEED 100% POWER UPTIME AND NETWORK ACCESS.  Full Article

INAP Announces Chief Financial Officer Transition
Monday, 14 May 2018 

May 14 (Reuters) - Internap Corp ::INAP ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION.ROBERT M. DENNERLEIN IS STEPPING DOWN AS CHIEF FINANCIAL OFFICER.ROBERT M. DENNERLEIN WILL CONTINUE TO SERVE AS INAP'S CHIEF FINANCIAL OFFICER UNTIL RETENTION OF HIS SUCCESSOR.  Full Article

Internap Is Approaching Existing Lenders To Approve Reduction Of First Lien Term Loan's Pricing With No Change To 1.00% LIBOR Floor Or Maturity‍​
Monday, 19 Mar 2018 

March 19 (Reuters) - Internap Corp ::INTERNAP - IS APPROACHING EXISTING LENDERS TO APPROVE REDUCTION OF FIRST LIEN TERM LOAN'S PRICING WITH NO CHANGE TO 1.00% LIBOR FLOOR OR MATURITY‍​.  Full Article

INAP Reports Q4 GAAP Loss Per Share $0.35
Thursday, 8 Mar 2018 

March 8 (Reuters) - Internap Corp ::INAP REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 GAAP LOSS PER SHARE $0.35.Q4 REVENUE FELL 5.5 PERCENT TO $70 MILLION.SEES ‍CAPITAL EXPENDITURES OF $40 MILLION -$45 MILLION​ FOR FY18.  Full Article

INAP Sees FY 2017 Revenue $280 Mln
Monday, 5 Mar 2018 

March 5 (Reuters) - Internap Corp ::INAP ANNOUNCES OUTLOOK FOR 2018.SEES FY 2018 REVENUE $320 MILLION TO $330 MILLION.Q4 REVENUE $70 MILLION.SEES FY 2017 REVENUE $280 MILLION.CAPITAL EXPENDITURES IN 2017 ARE EXPECTED TO BE WITHIN REDUCED RANGE OF $32 MILLION TO $37 MILLION.SAYS FY 2018 CAPITAL EXPENDITURES CURRENTLY TARGETED TO RANGE BETWEEN $40 MILLION AND $45 MILLION WITH SINGLEHOP INCLUDED.‍ADJUSTED EBITDA IS EXPECTED TO INCREASE SIGNIFICANTLY TO RANGE OF $105 MILLION TO $115 MILLION IN 2018​.  Full Article