Peer 1 Network Enterprises, Inc., together with its subsidiaries, engages in the provision of Internet infrastructure solutions and related managed services in Canada, the United States, and the United Kingdom. The company offers managed hosting services, which include data backup and recovery solutions; firewall technology to protect servers against online exploitation; switches and devices for private communication link between servers; intrusion detection, log monitoring, SSL certificates, and vulnerability scanning services for real-time and periodic server security audits; system monitoring services to address potential problems; load balancing services; caching systems to direct the cu...
555 West Hastings Street
Vancouver, BC V6B 4N5
Founded in 1999
Peer 1 Network Enterprises, Inc. Guarantees High Performance for Sociocast
Jan 30 13
Peer 1 Network Enterprises, Inc. announced that big data predictive analytics platform provider Sociocast has selected the company to host its processing infrastructure. With PEER 1 Hosting, Sociocast, which enables its customers to analyze large and fast-moving streams of data to extract actionable trends, has seen a 63% decrease in latency and a 20% instant CPU gain.
Cogeco Cable Inc., Peer 1 Network Enterprises, Inc. - M&A Call
Dec 21 12
To discuss the transaction that Cogeco Cable Inc. to acquire PEER 1 Network Enterprises, Inc
Peer 1 Network Enterprises, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2012
Nov 7 12
Peer 1 Network Enterprises, Inc. announced unaudited consolidated earnings results for the first quarter ended September 30, 2012. For the quarter, revenue increased 25% to $39.3 million from $31.5 million a year ago. Normalized EBITDA was $10.8 million, up from $7.9 million and net income attributable to common shares was $0.432 million compared to a net loss of $1.307 million for the same period a year ago. Of the 25% increase in revenues over the prior year quarter, approximately $3.9 million (12%) is attributable to NetBenefit's operations, and the remaining increase of approximately 13% is attributable to organic growth. Operating profit before other items was $238,000 and profit before income tax was $572,000 against operating profit before other items of $1,822,000 and loss before income tax of $1,739,000 a year ago. Cash flows from operating activities were $6,004,000 against $5,326,000 a year ago. Acquisition of property, plant and equipment was $12,819,000 against $10,717,000 a year ago. In addition, investment in property, plant and equipment include $2 million related data center equipments, $1.6 million related to computer equipment, which included $1 million for SAN infrastructure who is stronger than expected sales. The company also invested $1.5 million related to network equipment. Included in that $12.8 million is $1.9 million attributable to acquired NetBenefit server equipment. Intangible asset additions were $43.7 million of which $20.9 million related to NetBenefit goodwill, $22 million is related to NetBenefit customer relationship intangibles and $0.8 million related to acquisition of normal course software additions.