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Technology Stocks : Internap Network Services Corporation

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To: Jibacoa who wrote (557)1/28/2003 6:07:20 PM
From: EdR  Read Replies (1) of 1011
 
Looks like good news to me:traded @ .60 AH

<snip> from Yahoo

Internap Reports 13% Year-Over -Year Revenue Growth
Tuesday January 28, 5:23 pm ET
Increased Customer Base by 31% in 2002
Direct Margins More Than Doubled From 20 Percent to 44 Percent During 2002
ATLANTA, Jan. 28 /PRNewswire-FirstCall/ -- Internap Network Services Corporation (Nasdaq: INAP - News), the leading provider of performance-based routing services over the Internet, today reported results for the fiscal fourth quarter and full year ended December 31, 2002.
Revenues for the quarter on a consolidated basis were $34.1 million, a 4 percent increase over the prior quarter and a 12 percent increase over the $30.5 million reported for the same period in 2001. Internap's direct margin(iv) for the fourth quarter improved to 44 percent, compared to 41 percent during the third quarter of 2002.

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