Internap Corp (INAP) Files 10-K for the Fiscal Year Ended on December 31, 2018

Internap Corp (INAP, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Internap Corp is engaged in providing information technology infrastructure services. It offers outsourced data center, computing, storage, and network services. The firm operates in two segments: data-center services and Internet protocol services. Internap Corp has a market cap of $116.580 million; its shares were traded at around $4.58 with and P/S ratio of 0.28.

For the last quarter Internap Corp reported a revenue of $78.2 million, compared with the revenue of $70.04 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $317.4 million, an increase of 13.1% from last year. For the last five years Internap Corp had an average revenue decline of 0.1% a year.

The reported loss per diluted share was $3.01 for the year, compared with the loss per share of $3.73 in the previous year. The Internap Corp had an operating margin of 3.64%, compared with the operating margin of 3.93% a year before. The 10-year historical median operating margin of Internap Corp is -1.18%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Internap Corp has the cash and cash equivalents of $17.8 million, compared with $14.6 million in the previous year. The long term debt was $677.7 million, compared with $511.6 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Internap Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $4.58, Internap Corp is traded at 70.8% discount to its historical median P/S valuation band of $15.66. The P/S ratio of the stock is 0.28, while the historical median P/S ratio is 1.03. The stock lost 66.29% during the past 12 months.

For the complete 20-year historical financial data of INAP, click here.