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Article: Switch and Data Reports Third Quarter 2009 Financial and Operating Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Switch & Data Facilities Company, Inc. (NASDAQ:SDXC), a leading provider of network neutral data center and Internet exchange services, reported financial results for the three months ended September 30, 2009. Results of Operations Total revenues for the third quarter ended September 30, 2009 increased 21.4% to $53.5 million from $44.1 million in the comparable period in 2008. Recurring revenues, which consist of colocation and interconnection services, were $48.8 million in the third quarter 2009, an increase of 17.3% over the same period in the prior year. Non-recurring revenues in the third quarter 2009, representing one time installation fees and services, was $4.7 ...