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InterXion (NYSE:INXN) was the last company in the data center related arena to report earnings last Wednesday.

The company achieved its 17th consecutive quarter of sequential growth in revenue and Adjusted EBITDA, but the market reacted negatively to a decreased Q/Q increase, compared to the last few quarters, and a weaker than expected guidance, that still forecasts a 15% to 17% growth in revenues for 2011 (InterXion grew about 21.4% in 2010).

Analysts were slightly more positive, and mostly reiterated their "Buy" recommendation on the stock. Here is what Piper Jaffray said, as reported by Benzinga:

The company reported in-line to slightly better financials than expected, and management issued solid 2011 guidance, Piper Jaffray writes. The stock was weak Wednesday, providing an attractive buying opportunity for investors.

Similar comments were made by Oppenheimer, that reiterated its "Outperform" rating:

INXN reported its first quarter as a public company. Financial results for 4Q10 were in line to slightly above our estimates. Operating EPS of ¬0.14 (based on 69.5M pro-forma diluted shares, including shares from the recent IPO) were above our estimate of ¬0.11 primarily due to tax benefits in the quarter. Revenues and adj. EBITDA came in roughly in line and grew 23% and 26% YoY, resp. Management provided 2011 guidance slightly below our estimates and investor expectations, and we view the initial outlook as conservative. Our estimates remain unchanged and we reaffirm our Outperform rating on solid pipeline, favorable supply/demand imbalance, strong secular trends and attractive valuation.

A quick look at data center related stock performance after earnings highlights a mixed picture, with 6 company positive and 5 negative. The only sub-sector that posts a completely positive picture is the category including companies that add to colocation a mix of cloud computing or managed services.

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Year to date, however, data center related stocks still post a positive performance, with Akamai (NASDAQ:AKAM) representing the only company achieving a negative return:

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Disclosure: I am long EQIX.

Source: Data Center Related Stocks: Earnings Performance Remains Mixed