Savvis, Inc., a global provider of cloud infrastructure and hosted IT solutions for enterprises, on Monday reported its second quarter 2010 financial results, with revenue of US$221.8 million, compared to US$219.9 million in the second quarter of 2009. Adjusted EBITDA* was US$54.7 million, excluding US$3.5 million of Fusepoint acquisition and integration costs, compared to US$55.1 million of adjusted EBITDA in the second quarter of 2009.

Income from continuing operations for the second quarter of 2010 was US$2.6 million, compared to US$9.5 million in the second quarter of 2009. The company reported a net loss of (US$13.2) million, or (US$0.24) per share, in the second quarter of 2010, compared to a second quarter 2009 net loss of (US$6.2) million, or (US$0.12) per share. Leveraged free cash flow* in the second quarter of 2010 was (US$13.2) million, down from US$15.3 million in the second quarter of 2009.

"Once again, Savvis outperformed internal plans for revenue, bookings, installs, churn and renewals," said Jim Ousley, chairman and chief executive officer for Savvis. "The organic growth we are seeing - in combination with our strategic acquisition of Fusepoint - has left us poised to exit the year at double digit growth run rates for both revenue and adjusted EBITDA. We look forward to building on our successive quarterly strength, as we continue implementing our new programs and process improvements and benefiting from our efforts."