InterXion Holding NV (INXN) Releases Earnings Results, Misses Expectations By $-0.02 EPS

InterXion Holding NV (INXN) reported quarterly earnings results on Wednesday, May-4-2016. The company reported $0.14 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.16. The company posted revenue of $102.00 million in the period, compared to analysts expectations of $101.69 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

Many Wall Street Analysts have commented on InterXion Holding NV. InterXion Holding NV was Upgraded by Raymond James to ” Outperform” on Mar 3, 2016. Company shares were Reiterated by Stifel on Mar 3, 2016 to “Buy”, Firm has raised the Price Target to $ 36 from a previous price target of $35 .

InterXion Holding NV opened for trading at $34.1 and hit $34.59 on the upside on Monday, eventually ending the session at $34.55, with a gain of 1.98% or 0.67 points. The heightened volatility saw the trading volume jump to 5,66,244 shares. Company has a market cap of $2,416 M.

InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company’s offering of carrier and cloud neutral colocation services include space power cooling and an environment in which to house its customers’ computing network storage and information technology (IT) infrastructure. The Company supports approximately 1500 customers through around 39 data centers in 11 countries enabling them to protect connect process and distribute their information. The Company supplements its colocation offering with a range of other services including network monitoring remote monitoring of customer equipment systems management engineering support services cross connects data backup and storage. The Company provides connections to peers partners customers and various sources of Internet protocol (IP) data content cloud platforms and distribution in the world.

InterXion Holding NV

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