Internap Network Services (Nasdaq: INAP) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Internap Network Services met expectations on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly. Non-GAAP earnings per share dropped to a loss. GAAP loss per share increased.

Margins dropped across the board.

Revenue details
Internap Network Services recorded revenue of $70.0 million. The seven analysts polled by S&P Capital IQ hoped for sales of $70.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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

EPS details
EPS came in at -$0.03. The five earnings estimates compiled by S&P Capital IQ predicted -$0.01 per share. Non-GAAP EPS were -$0.03 for Q2 compared to $0.01 per share for the prior-year quarter. GAAP EPS were -$0.07 for Q2 versus -$0.04 per share for the prior-year quarter.

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

Margin details
For the quarter, gross margin was 42.8%, 20 basis points worse than the prior-year quarter. Operating margin was -0.6%, 170 basis points worse than the prior-year quarter. Net margin was -5.3%, 240 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $70.9 million. On the bottom line, the average EPS estimate is -$0.01.

Next year's average estimate for revenue is $282.6 million. The average EPS estimate is -$0.02.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 255 members out of 275 rating the stock outperform, and 20 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Internap Network Services a green thumbs-up, and three 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 $10.38.

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