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
- India Existing & Upcoming Data Center Database 2025: More than $23 Billion in Investments are Planned for Upcoming Data Centers in India, Making it One of the Fastest-growing Markets in Asia [Yahoo! Finance]Yahoo! Finance
- Equinix price target lowered to $1,033 from $1,114 at Scotiabank [Yahoo! Finance]Yahoo! Finance
- Equinix (EQIX) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- How China's DeepSeek could boost the already booming data center market [MSNBC.com]MSNBC.com
- Why Equinix Stock Sagged on Thursday [Yahoo! Finance]Yahoo! Finance
EQIX
Earnings
- 2/12/25 - Miss
EQIX
Sec Filings
- 2/12/25 - Form 8-K
- 2/12/25 - Form 10-K
- 2/12/25 - Form 8-K
- EQIX's page on the SEC website