Posted By Rich Miller On May 10, 2006 @ 12:52 am In Internap | Comments Disabled
Internap  is one of those companies that keeps a low profile while delivering key Internet services to lots of companies that are familiar names. An example: Friendster, the social networking site, which uses Internap to manage its substantial bandwidth requirements. That customer relationship was noted by the Motley Fool , the popular investment site which took note of Internap because the company posted its first profit:
Founded 10 years ago, Internap Network Services (AMEX: IIP – News) was finally able to post a profit. In the fourth quarter, net income was $541,000, or break-even per share. This compares to a net loss of $600,000 for the same period a year ago. During this time, revenues increased 12.6% to $42.6 million.
The Fool article also noted that Internap will need to invest additional dollars in its network. Managing growth – and the cost of growth – will clearly be a major theme for data center service providers in the next year or two.
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2006/05/10/internap-makes-profit-gets-noticed/
URLs in this post:
 Internap: http://www.internap.com
 Motley Fool: http://biz.yahoo.com/fool/060509/114719870018.html?.v=2
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
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