InterXion Holding NV (NYSE:INXN) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
InterXion Holding NV Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 23.08% to $0.10 in the quarter versus EPS of $0.13 in the year-earlier quarter.
Revenue: Decreased 15.29% to $74.4 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: InterXion Holding NV reported adjusted EPS income of $0.10 per share. By that measure, the company missed the mean analyst estimate of $0.12. It missed the average revenue estimate of $75.42 million.
Quoting Management: “Interxion delivered another quarter of solid financial and operating results in an unfavourable macroeconomic environment,” said Interxion Chief Executive Officer, David Ruberg. “We believe that our focus on implementing our market strategy of building communities of interest in our data centres, combined with our commitment to providing high quality sales, marketing, and customer support, continues to foster sustainable and profitable growth.”
Key Stats (on next page)…