On Slide 4, you can see quarterly revenue and segment margin trends in our two reporting units. Fourth quarter Data Center Services revenue increased for the second consecutive quarter to $31.7 million. On a year-over-year basis, Data Center Services revenue decreased $1.4 million as proactive churn outpaced underlying growth in our core Data Center Services.Compared with the fourth quarter of 2009, Data Center segment profit rose 21% and margin increased 800 basis points. At the end of the fourth quarter, we had successfully exited the last contract associated with our proactive churn program. This initiative has had a significant benefit on our overall profitability. The strategic benefit is clear when we consider that Data Center segment profit has increased 34% or $3.1 million from the third quarter of 2009 through the fourth quarter of 2010 even though Data Center revenue has declined by $1.8 million.
Internap Network Services' CEO Discusses Q4 2010 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.