Internap Network Services Earnings Preview: Get Ahead of the Analysts

Internap Network Services (NASDAQ:INAP) will report earnings after markets close on Thursday, July 25th. Internap Network Services Corporation provides centrally managed Internet connectivity services targeted at businesses seeking to maximize the performance of mission-critical Internet-based applications. The Company offers its Interconnectivity services at dedicated line speeds of 1.5 Megabits per second.

Here is your Cheat Sheet to Internap Network Services Earnings:

Earnings Expectations: Analysts expect earnings of $-0.01 per share on revenues of $70.11 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.01 to a loss $0.01. For the current year, the average estimate is a profit of $0.01, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Internap Network Services has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 254 256 244 245 274
Diluted EPS ($) -2.13 -1.41 -0.07 -0.03 -0.09

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 68.69 68.13 69.75 69.70
Diluted EPS ($) -0.04 -0.05 0.00 -0.03

Past Performance:
Internap Network Services has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)