Edition:
United Kingdom

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​. 

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