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Technology Stocks : Internap Network Services Corporation

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To: Tom Shutters who wrote (871)	8/4/2006 1:20:07 PM
From: Tom Shutters	of 1011

Atlanta Business Chronicle - 8:33 AM EDT Friday InterNap reports $713,000 Q2 profit InterNap Network Services Corp. remained in the black in the second quarter. Atlanta-based Internap (AMEX: IIP), which provides performance-based routing services for IP networks, reported net income of $713,000 on $43.9 million in revenue, compared with a net loss of $1 million on $37.6 million in revenue in the second quarter of 2005. Earnings were 2 cents a share, compared with a loss per share of 3 cents in the second quarter of 2005. The results for the second quarter of 2006 include a stock-based compensation expense of $1.6 million. Through six months, the company had net income of $1.3 million and earnings of 4 cents a share on $86.5 million in revenue, compared with a net loss of $1.6 million and a loss per share of 5 cents on $75.4 million in revenue in the same period of 2005. bizjournals.com

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