Terremark Worldwide (TMRK) announced results for the second quarter of fiscal 2010 (ended Sep 30, 2009) with reported loss per share of 12 cents exceeding the Zacks Consensus Estimate of loss of 11 cents. Net loss of $7.5 million for the quarter, represents an improvement from net loss of $8.4 million reported a year ago, boosted by higher sales.  Consolidated revenue of $69.8 million (up 17% year over year) was near the high-end of the company’s guidance for the quarter, fueled by healthy contract bookings. Adjusted EBITDA increased 82% year over year to $18 million, in line with the company’s guidance. The company added 64 new customers during the quarter, a sequential improvement, taking its total customer base to 1,119 at the end of the second quarter.  Total new contract bookings registered $34.2 million, an increase from $29 million reported in the previous quarter. This represents ...

Terremark Worldwide (TMRK) announced fiscal first-quarter loss of 25 cents per share that was wider than the Zacks Consensus Estimate of loss per share of 3 cents per share. The company reported net loss of $15.4 million, compared to a net profit of $1.7 million in the year-ago quarter due to higher operating expenses (includes approximately $10.3 million loss in early extinguishment of debt).   Consolidated revenues of $65.8 million were near the high-end of the company’s guidance for the quarter, marking a 17% year-over-year growth. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) increased 52% year over year to $16.7 million.   The company added 46 new customers during the quarter, stable sequentially, taking its total customer base to 1,114 at the end of the quarter. Total new contract bookings registered in the first quarter were $29 million, representing a decline from previous quarter’s $31.8 million....