InterXion: 1Q Earnings Snapshot

InterXion: 1Q Earnings Snapshot

Associated Press
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HOOFDDORP, Netherlands (AP) _ InterXion Holding NV (INXN) on Thursday reported first-quarter net income of $9.5 million.

On a per-share basis, the Hoofddorp, Netherlands-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring gains, came to 11 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The European data center operator posted revenue of $172.1 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $170.1 million.

InterXion expects full-year revenue in the range of $717.7 million to $734.8 million.

InterXion shares have climbed 32% since the beginning of the year. The stock has risen 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INXN at https://www.zacks.com/ap/INXN

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