Internap Network Services has reported total revenues of $60.5m for the second quarter of 2010, a decrease of 6% compared to $64.3m for the same quarter in 2009.
The company reported data centre services and IP services revenue of $32.7m and $32.1m, down 3.3% and 8.6% respectively, compared to the same quarter last year.
Internap Network Services posted adjusted EBITDA of $9.9m for the second quarter compared to $6.7m for the same period last year.
For the quarter ended June 30, 2010, the company posted net loss of $1.2m or $0.03 per share, compared to net loss of $60.6m or $1.22 per share for the same period last year.
Eric Cooney, president and CEO of Internap, said: "Our fourth consecutive quarter of segment margin expansion and another quarter of strong adjusted EBITDA attest to the efficacy of our strategy for Internap’s business turnaround.
"The addition of 26,500 net sellable square feet of company-controlled data center in July, and early traction from recent product launches in both the IP and Data center business segments, bodes well for the company’s future revenue growth."
