Internap Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company's total revenues were USD 69,642,000 against USD 74,315,000 a year ago. Loss from operations was USD 2,053,000 against USD 2,474,000 a year ago. Loss before income taxes and equity in earnings of equity-method investment was USD 19,389,000 against USD 10,672,000 a year ago. Net loss was USD 19,283,000 against USD 10,693,000 a year ago. Basic and diluted net loss per share was USD 0.24 against USD 0.21 a year ago. Net cash flows provided by operating activities were USD 14,787,000 against USD 14,019,000 a year ago. Purchases of property and equipment were USD 6,504,000 against USD 14,032,000 a year ago. Additions to acquired and developed technology were USD 244,000 against USD 370,000 a year ago. Adjusted EBITDA (non-GAAP) was USD 23,051,000 against USD 20,167,000 a year ago. Capital expenditures (CapEx) were USD 6,748,000 against USD 14,402,000 a year ago. Adjusted EBITDA less CapEx was USD 16,303,000 against USD 5,765,000 a year ago. Normalized net loss (non-GAAP) was USD 5,905,000 against USD 5,584,000 a year ago. Maintenance capital expenditure was USD 1,018,000 against USD 1,675,000 a year ago.

For the six months, the company's total revenues were USD 141,775,000 against USD 150,239,000 a year ago. Loss from operations was USD 1,561,000 against USD 4,675,000 a year ago. Loss before income taxes and equity in earnings of equity-method investment was USD 27,131,000 against USD 20,213,000 a year ago. Net loss was USD 27,513,000 against USD 20,336,000 a year ago. Basic and diluted net loss per share was USD 0.38 against USD 0.39 a year ago. Net cash flows provided by operating activities were USD 22,051,000 against USD 24,801,000 a year ago. Purchases of property and equipment were USD 12,293,000 against USD 26,314,000 a year ago. Additions to acquired and developed technology were USD 444,000 against USD 769,000 a year ago.

For the full-year 2017, the company reaffirmed revenue guidance of USD 275 million - USD 285 million, and adjusted EBITDA of USD 85 million - USD 90 million. Capital expenditures now expected to be in the range of USD 37 million - USD 42 million compared previous guidance of capital expenditure of USD 32 million - USD 37 million. Net loss (GAAP) expected to be in the range of USD 52 million -USD 48 million, depreciation and amortization expected to be USD 75 million, and interest expense expected to be USD 49 million.