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Internap Network Services Corporation Q1 2010 Earnings Call Transcript

Internap Network Services Corporation ( INAP )

Q1 2010 Earnings Call Transcript

May 6, 2010 5:00 pm ET

Executives

Andrew McBath – Director, IR

Eric Cooney – President and CEO

George Kilguss – CFO

Analysts

Mark Kelleher – Brigantine Advisors

Srinivas Anantha – Oppenheimer & Co.

Keith Hwang – Connective Capital

Jonathan Atkin – RBC Capital Markets

Presentation

Operator

Good day everyone, and welcome to the Internap first quarter 2010 earnings call. Today’s call is being recorded. (Operator instructions)

For opening remarks and introductions, I would now like to turn the call over to Mr. Andrew McBath, Director of Investor Relations. Please go ahead, sir.

Andrew McBath

Thanks Marie. Good afternoon and thank you for joining us today. I am joined by Eric Cooney, our President and Chief Executive Officer; and George Kilguss, our Chief Financial Officer. Following our prepared remarks we will open up the call for your questions.

I want to point out that we will be referencing slides that correspond with our conference call this afternoon. These slides are available on the online presentation stream in the Presentation section of Internap’s Investor Services website. Non-GAAP reconciliations and our supplemental data sheet, which includes additional operational and financial metrics, are available under the Financial Information – Quarterly Results section of our Investor Services site.

Today’s call contains forward-looking statements. These include statements regarding business strategy and prospects, including expected results from focusing on company controlled data centers, and from our product development efforts and reinvigoration of IP services, timing and cost of bringing new data center space online and expectations regarding the resulting sales, the belief that our turnaround strategy for our business segments will deliver long-term profitable growth, performance of new products and services, expectations of financial performance including levels of revenue, revenue growth, operating costs, capital expenditures, margins, liquidity and churn.

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