Interxion Holding NV Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended of September 30, 2018; Provides Earnings Guidance for the for Full Year 2018
For the nine months, the company reported revenue of EUR 414,851,000 compared to EUR 359,420,000 a year ago. Operating income was EUR 80,221,000 compared to EUR 72,520,000 a year ago. Profit before income taxes was EUR 34,190,000 compared to EUR 40,480,000 a year ago. Net income was EUR 23,138,000 compared to EUR 29,322,000 a year ago. Basic and diluted earnings per share was EUR 0.32 compared to EUR 0.40 a year ago. Adjusted EBITDA was EUR 190,089,000 compared to EUR 161,850,000 a year ago. EBIDTA was EUR 153,597,000 compared to EUR 135,615,000 a year ago. Net cash flows from operating activities were EUR 120,053,000 compared to EUR 109,755,000 a year ago. Purchase of property plant and equipment was EUR 313,894,000 compared to EUR 180,030,000 a year ago. Purchase of intangible assets was EUR 6,000,000 compared to EUR 6,326,000 a year ago. Adjusted net income was EUR 32,367,000 compared to EUR 29,589,000 a year ago. Adjusted basic and diluted EPS was EUR 0.45 compared to diluted EPS of EUR 0.41 a year ago. Capital expenditures, including intangible assets, were EUR 319,894,000 against EUR 186,356,000 a year ago.
The company is reaffirming guidance for revenue and adjusted EBITDA and updating guidance for full year 2018 for Capital expenditures (including intangibles): expect revenue to be EUR 553 million EUR 569 million; adjusted EBITDA to be EUR 250 million EUR 260 million and capital expenditures (including intangibles)to be EUR 425 million EUR 450 million.