Internap Corporation provides data center infrastructure, cloud solutions, and network services in the United States, Canada, and internationally. It operates through two business segments, INAP US and INAP INTL. The company offers conditioned power with back-up capacity and physical space within data centers with related services, such as interconnection, remote hands, environmental controls, monitoring, and security; and bare metal, private and managed third party cloud, Disaster Recovery-as-a-Service, cloud backup, and managed storage and security services, as well as multi-cloud solutions. It also provides patented Performance IP and content delivery network services, and IP routing hardware and software platforms. The company offers its colocation services through 53 data centers and 102 points of presence. It 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 Reston, Virginia.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone404-302-9700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$317.37 million
Profitability
Miscellaneous
Employees640
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable
Internap (NASDAQ:INAP) Frequently Asked Questions
What is Internap's stock symbol?
Internap trades on the NASDAQ under the ticker symbol "INAP."
When did Internap's stock split? How did Internap's stock split work?
Shares of Internap reverse split before market open on Monday, November 20th 2017. The 1-4 reverse split was announced on Thursday, November 2nd 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, November 17th 2017. An investor that had 100 shares of Internap stock prior to the reverse split would have 25 shares after the split.
How were Internap's earnings last quarter?
Internap Corp (NASDAQ:INAP) released its quarterly earnings data on Thursday, March, 14th. The information technology services provider reported ($0.82) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.51) by $0.31. The information technology services provider earned $78.20 million during the quarter, compared to the consensus estimate of $82.52 million. The business's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.35) earnings per share. View Internap's Earnings History.
When is Internap's next earnings date?
What guidance has Internap issued on next quarter's earnings?
Internap updated its FY 2019 earnings guidance on Thursday, March, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $320-330 million, compared to the consensus revenue estimate of $330.06 million.
What price target have analysts set for INAP?
6 equities research analysts have issued 1-year price targets for Internap's stock. Their predictions range from $7.50 to $15.00. On average, they expect Internap's stock price to reach $11.4167 in the next twelve months. This suggests a possible upside of 163.7% from the stock's current price. View Analyst Price Targets for Internap.
What is the consensus analysts' recommendation for Internap?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Internap.
Has Internap been receiving favorable news coverage?
Media coverage about INAP stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Internap earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the information technology services provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the near future.
Who are some of Internap's key competitors?
Some companies that are related to Internap include The Rubicon Project (RUBI), Cardlytics (CDLX), Pintec Technology (PT), Synacor (SYNC), Sify Technologies (SIFY), Autoweb (AUTO), GigaMedia (GIGM), Chinanet Online (CNET), Professional Diversity Network (IPDN), MassRoots (MSRT), Infinite Group (IMCI), FunctionX (FNCX), DecisionPoint Systems (DPSI), Blue Sphere (BLSP) and Edgewater Technology (EDGW).
What other stocks do shareholders of Internap own?
Who are Internap's key executives?
Internap's management team includes the folowing people:
- Mr. Peter D. Aquino, Pres, CEO & Director (Age 58)
- Mr. Andrew G. Day, Exec. VP & Chief Operating Officer (Age 53)
- Mr. Richard P. Diegnan Jr., Exec. VP, Gen. Counsel & Corp. Sec. (Age 50)
- Mr. James C. Keeley, Exec. VP & CFO (Age 53)
- Ms. Joanna E. Lanni, VP, Corp. Controller & Principal Accounting Officer (Age 49)
How do I buy shares of Internap?
Shares of INAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Internap's stock price today?
One share of INAP stock can currently be purchased for approximately $4.33.
How big of a company is Internap?
Internap has a market capitalization of $109.97 million and generates $317.37 million in revenue each year. The information technology services provider earns $-62,500,000.00 in net income (profit) each year or ($3.01) on an earnings per share basis. Internap employs 640 workers across the globe.
What is Internap's official website?
How can I contact Internap?
Internap's mailing address is 12120 SUNSET HILLS ROAD SUITE 330, RESTON VA, 20190. The information technology services provider can be reached via phone at 404-302-9700 or via email at [email protected]
MarketBeat Community Rating for Internap (NASDAQ INAP)
MarketBeat's community ratings are surveys of what our community members think about Internap and other stocks. Vote "Outperform" if you believe INAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
