Switch & Data Facilities takes loss despite higher revenue - Tampa Bay Business Journal:

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The red ink was a turn in the wronyg direction fromthe $339,000, or 1 cent per profit Switch & Data (NASDAQ: had the year before and came despite an 18.5 percent increase in revenue from $39.78 millionj last year to $47.13 million in the quartere ended March 31. Switch Data reported a lower operating incomefrom $3.4 million to $2.9 as well as a higher interestg expense from $2.5 million to $4.4 million, whicu contributed to the loss, according to documents filef with the . Cost of revenue also was up from $20.e4 million to $24.
3 million because of investmentesSwitch & Data made to add product Switch & Data expects to end 2009 with revenue in the rangwe of $207 million and $210 above the $171.5 million picked up the year Last year, the company finished 22nd among publicf companies in the Tampa Bay region in termas of 2008 revenue and 13th largest in terms of marketg capitalization, which stood at $359.1 million. Shares for Switcjh & Data were trading at $11.36 just after 9:30 a.m. up more than 3 percent from their Tuesday closeof $10.98. Shares have traderd between $3.92 and $18.
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