OverviewSuggest Edit

Internap Corporation is a global provider of high-performance data center and cloud solutions. It operates under the trade name INAP through two business segments: INAP COLO and INAP CLOUD. The Company offers high-density colocation, managed cloud hosting and powerful network services, as well as disaster recovery solutions to enable flexible and secure cloud-based business continuity. INAP partners with customers in strategically located metro markets across healthcare, advertising technology, financial, technology infrastructure, gaming, and software industries.

TypePublic
Founded1996
HQReston, US
Websiteinap.com

Latest Updates

Employees (est.) (Dec 2018)640(+28%)
Job Openings38
Revenue (FY, 2017)$280.7 M(-5%)
Share Price (Mar 2019)$4.6 (+2%)

Key People/Management at Internap

Peter D. Aquino

Peter D. Aquino

President, Chief Executive Officer and Board Member
Andrew Day

Andrew Day

Sr. Vice President and General Manager, INAP International
James C. Keeley

James C. Keeley

CFO
Richard P. Diegnan

Richard P. Diegnan

Sr. Vice President, General Counsel and Corporate Secretary
John D. Filipowicz

John D. Filipowicz

Chief Administrative Officer and Chief Governance, Risk and Compliance Officer
Michael E. Higgins

Michael E. Higgins

Sr. Vice President, Business Development
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Internap Office Locations

Internap has offices in Reston, Plano, Atlanta, Somerville and in 13 other locations
Reston, US (HQ)
12120 Sunset Hills Rd #330
Atlanta, US
250 Williams St NW Suite E-100
Boston, US
84 State St #920
Chicago, US
141 W Jackson Blvd #1510
Houston, US
1301 Fannin St #1150
New York, US
370 7th Ave #1701
Show all (17)
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Internap Financials and Metrics

Internap Revenue

Internap's revenue was reported to be $280.72 m in FY, 2017 which is a 5.9% decrease from the previous period.
USD

Revenue (Q3, 2018)

83.0m

Net income (Q3, 2018)

(15.1m)

EBIT (Q3, 2018)

2.2m

Market capitalization (18-Mar-2019)

116.6m

Closing stock price (18-Mar-2019)

4.6

Cash (30-Sep-2018)

11.8m
Internap's current market capitalization is $116.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

283.3m335.0m318.3m298.3m280.7m

Revenue growth, %

18%(5%)(6%)(6%)

Cost of goods sold

132.0m

Gross profit

148.7m
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

68.9m74.2m156.2m83.0m

General and administrative expense

15.3m19.9m39.5m18.2m

Operating expense total

68.2m73.3m153.2m80.8m

Depreciation and amortization

20.9m21.1m43.7m23.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

35.0m20.1m17.8m10.4m14.6m

Accounts Receivable

17.8m

Current Assets

81.8m52.6m50.7m38.5m41.1m

PP&E

332.0m342.1m328.7m302.7m458.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(19.8m)(39.5m)(48.4m)(124.7m)(45.3m)

Depreciation and Amortization

48.2m75.3m89.2m76.9m75.0m

Accounts Payable

4.0m529.0k(4.8m)1.6m(1.2m)

Cash From Operating Activities

39.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(10.7m)(21.9m)(31.2m)(23.0m)(37.2m)(9.6m)(20.3m)(111.6m)(27.5m)(38.4m)(14.0m)(27.9m)(43.0m)

Depreciation and Amortization

18.9m38.4m59.3m42.8m67.4m19.1m38.3m57.9m36.7m57.6m21.1m43.7m67.1m

Accounts Payable

1.9m(3.2m)(2.6m)(8.2m)(7.7m)(1.8m)2.3m4.9m477.0k(3.5m)(636.0k)6.9m9.4m

Cash From Operating Activities

13.2m24.3m36.2m11.6m22.4m24.8m36.3m22.1m25.4m3.5m18.9m29.2m
USDY, 2018

Financial Leverage

-39.3 x
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Internap Operating Metrics

Internap's Customers was reported to be 7 k in FY, 2017.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016May, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Data Centers

52 52 52 52 52 52 52 52 50 50 50 49 50 46 50 56 57

Customers

12.76 k12.60 k12.40 k12.29 k11.87 k11.50 k11.02 k10.58 k10.13 k9.65 k9.25 k8.87 k8.80 k7 k

Patents (US)

18 18

Patents (Foreign)

5 5
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Internap Revenue Breakdown

Embed Graph

Internap revenue breakdown by business segment: 25.3% from INAP CLOUD and 74.7% from INAP COLO

Internap revenue breakdown by geographic segment: 7.5% from Canada , 91.1% from United States and 1.4% from Other

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Internap Online and Social Media Presence

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Internap News and Updates

INAP Establishes Flagship Data Center in Phoenix Market

Signs New Lease in Chandler, AZ Facility Containing Anchor Tenant Bank of America
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Internap Frequently Asked Questions

  • When was Internap founded?

    Internap was founded in 1996.

  • Who are Internap key executives?

    Internap's key executives are Peter D. Aquino, Andrew Day and James C. Keeley.

  • How many employees does Internap have?

    Internap has 640 employees.

  • What is Internap revenue?

    Latest Internap annual revenue is $280.7 m.

  • What is Internap revenue per employee?

    Latest Internap revenue per employee is $438.6 k.

  • Who are Internap competitors?

    Competitors of Internap include CyrusOne, CoreSite Realty and Digital Realty.

  • Where is Internap headquarters?

    Internap headquarters is located at 12120 Sunset Hills Rd #330, Reston.

  • Where are Internap offices?

    Internap has offices in Reston, Plano, Atlanta, Somerville and in 13 other locations.

  • How many offices does Internap have?

    Internap has 17 offices.