Internap Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported total revenues of $68,907,000 against $73,940,000 a year ago. Income from operations was $732,000 against loss from operations of $83,398,000 a year ago. Loss before income taxes and equity in earnings of equity-method investment was $11,764,000 against $91,246,000 a year ago. Net loss was $10,863,000 against $91,297,000 a year ago. Net loss attributable to company shareholders was $10,895,000 or $0.14 per basic and diluted share against $91,297,000 or $1.75 per basic and diluted share a year ago. Net cash flows provided by operating activities were $3,306,000 against $11,464,000 a year ago. Purchases of property and equipment were $10,774,000 against $12,418,000 a year ago. Additions to acquired and developed technology were $191,000 against $442,000 a year ago. Adjusted EBITDA was $23,277,000 against $19,840,000 a year ago. Capital expenditures (capex) were $10,965,000 against $12,860,000 a year ago. Normalized net loss (Non-GAAP) was $10,138,000 against $7,681,000 a year ago. Free cash flow (Non-GAAP) was $7,659,000 against $1,396,000 a year ago. Unlevered free cash flow (Non-GAAP) was $3,340,000 against $6,205,000 a year ago.

For the nine months the company reported total revenues of $210,682,000 against $224,180,000 a year ago. Loss from operations was $829,000 against $88,073,000 a year ago. Loss before income taxes and equity in earnings of equity-method investment was $38,895,000 against $111,460,000 a year ago. Net loss was $38,377,000 against $111,633,000 a year ago. Net loss attributable to company shareholders was $38,409,000 or $0.51 per basic and diluted share against $111,633,000 or $2.14 per basic and diluted share a year ago. Net cash flows provided by operating activities were $25,357,000 against $36,265,000 a year ago. Purchases of property and equipment were $23,198,000 against $38,732,000 a year ago. Additions to acquired and developed technology were $635,000 against $1,211,000 a year ago.

The company revised earnings guidance for the full year 2017. For the year, the company expects revenue of $277 million to $282 million compared to previous guidance of $275 million to 285 million. Adjusted EBITDA expected to $87 million to $92 million compared to previous guidance of $85 million to $90 million. The company reaffirming capital expenditure expected to $32 million to $37 million. Net loss expected to $54 million to $49 million. Depreciation and amortization expected to $77 million to $77 million. Interest expense expected to $49 million to $49 million.