Revenue Update on InterXion Holding NV(NYSE:INXN)

InterXion Holding NV(NYSE:INXN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $116.51M. Analysts estimated a revenue of $104.18M. Earnings per share were $0.15. Analysts had estimated an EPS of $0.14.

In a different note, SunTrust Robinson Humphrey said it Initiates Coverage on InterXion Holding NV, according to a research note issued on Jul 21, 2016. The shares have been rated ‘Buy’ by the firm. On Jun 13, 2016, Jefferies said it Downgrades its rating on InterXion Holding NV. The shares have been rated ‘Hold’ by the firm. On Jun 1, 2016, Wells Fargo said it Upgrades its rating on InterXion Holding NV. The shares have been rated ‘Outperform’ by the firm.

InterXion Holding NV (INXN) made into the market gainers list on Fridays trading session with the shares advancing 0.08% or 0.03 points. Due to strong positive momentum, the stock ended at $37.83, which is also near the day’s high of $37.94. The stock began the session at $37.79 and the volume stood at 2,54,307 shares. The 52-week high of the shares is $38.72 and the 52 week low is $25.85. The company has a current market capitalization of $2,666 M and it has 7,04,79,000 shares in outstanding.

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.

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