Please ensure Javascript is enabled for purposes of website accessibility

What to Expect from Internap Network Services

By Seth Jayson - Updated Apr 10, 2017 at 1:45PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Checking expectations

Internap Network Services (Nasdaq: INAP) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Internap Network Services's revenues will grow 3.9% and EPS will come to zero.

The average estimate for revenue is $69.6 million. On the bottom line, the average EPS estimate is $0.00.

Revenue details
Last quarter, Internap Network Services reported revenue of $69.7 million. GAAP reported sales were 11% higher than the prior-year quarter's $62.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.04. GAAP EPS shrank to zero from the prior-year quarter's $0.08.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 42.4%, 140 basis points worse than the prior-year quarter. Operating margin was 3.8%, 340 basis points better than the prior-year quarter. Net margin was 0.0%, 670 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $285.2 million. The average EPS estimate is $0.03.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 256 members out of 277 rating the stock outperform, and 21 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Internap Network Services a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Internap Network Services is outperform, with an average price target of $8.38.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Internap Network Services on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Internap Corporation Stock Quote
Internap Corporation
INAP

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
322%
 
S&P 500 Returns
116%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.