Equinix forecasts quarterly revenue above estimates on steady demand [Yahoo! Finance]

Equinix, Inc. (EQIX)
Last equinix, inc. earnings: 2/12 04:01 pm
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equinix.com/company/investors
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Source: Yahoo! Finance
Enterprise clients depend on data center services from companies such as Equinix to expand their digitization initiatives. Data centers are crucial in supporting AI, as the technology requires massive computing power. "We see continued robust demand for AI-enabling digital infrastructure from a highly diverse set of customers of varying sizes, industries, and regions," CEO Adaire Fox-Martin said in a statement. Equinix expects fourth-quarter revenue to be between $2.26 billion and $2.30 billion, the midpoint of which is slightly above analysts' average estimate of $2.26 billion, according to data compiled by LSEG. It expects adjusted core earnings in the range of $1.01 billion to $1.05 billion in the fourth quarter, compared with estimates of $1.04 billion. The company also raised its annual revenue and adjusted funds from operations forecasts. In the three months ended Sept. 30, Equinix's revenue rose 2% to $2.20 billion, in line with analysts' estimates. Adjusted fund
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EQIX
News
- https://seekingalpha.com/article/4766276-equinix-microsofts-spending-shift-signals-trouble-for-data-center-growth [Seeking Alpha]Seeking Alpha
- Equinix, Inc. (NASDAQ: EQIX) had its price target lowered by analysts at Truist Financial Co. from $1,028.00 to $990.00. They now have a "buy" rating on the stock.MarketBeat
- Data center supply, construction surged in 2024 amid AI boom [Yahoo! Finance]Yahoo! Finance
- The power of technology: More from The Globe and Mail [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- CyLogic CyCloud Achieves FedRAMP High Ready Status [Yahoo! Finance]Yahoo! Finance
EQIX
Earnings
- 2/12/25 - Miss
EQIX
Sec Filings
- 3/12/25 - Form 4
- 3/12/25 - Form 4
- 3/12/25 - Form 4
- EQIX's page on the SEC website