Terremark Issues Financial Report on Heels of Verizon Sale

Terremark (NASDAQ:TMRK) issued financial results for the quarter ended Dec. 31, 2010.

The firm grew, “with total revenues of $94.3 million and EBITDA, as adjusted, of $28.5 million for the quarter, representing year-over-year increases of 27 percent and 44 percent, respectively.”

Verizon previously reached a definitive agreement to purchase Terremark at a price of $1.4 billion.

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