The company recently completed its IPO, and started trading on the Nasdaq market on January 28. Q4 represents the first quarter discussed as a listed company.
Revenues for the fourth quarter 2010 were €55.6 million, a 23% increase compared to €45.1 million in the fourth quarter 2009, but a 1.76% only increase on the previous quarter. As you may notice, the Q/Q increase represents a slowdown compared to the recent trend achieved by the company:
Adjusted EBITDA margins were 38.5% in Q4, compared to 37.5% in the same quarter last year. Here is a quick look at adjusted EBITDA margins in the most recent quarters:
Revenues for the year 2010 increased by 21.37% to €208.4 million, compared to € 171.7 million in 2009. InterXion enjoyed a steady growth in the last few years:
The company issued guidance for the full year 2011, and expects revenues to be in the range of €239 million to €245 million (a 16% increase on 2010 at the midpoint), adjusted EBITDA between €91 million and €95 million, and CAPEX of €140 million to €160 million to support its expected growth needs.