Internap Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company's total revenue was $72,133,000 compared with $75,924,000 a year ago. Income from operations was $492,000 compared with loss of $2,201,000 a year ago. Net loss was $8,230,000 compared with $9,644,000 a year ago. Net cash flows provided by operating activities was $7,264,000 compared with $10,782,000 a year ago. The decrease in Cash flow from operations was primarily due to $2.6 million in fees associated with the third amendment in the current quarter. Purchases of property and equipment were $5,789,000 compared with $12,282,000 a year ago. Adjusted EBITDA was $21,554,000 compared with $20,476,000 a year ago. Free cash flow was $1,275,000 compared with negative free cash flow was $1,899,000 a year ago. Capital expenditure was $5,989,000 compared with $12,681,000 a year ago.

The company reaffirmed earning guidance for the year of 2017. The company expects revenue of $275 million to $285 million against previous guidance of $275 million to $285 million. Adjusted EBITDA of $85 million to $90 million against previous guidance of $84 million to $87 million. Capital expenditures of $37 million to $42 million against previous guidance of approximately $42 million.