Equinix(EQIX)
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Equinix (EQIX) Surpasses Q3 FFO Estimates
ZACKS· 2024-10-30 22:20
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.05 per share, beating the Zacks Consensus Estimate of $8.70 per share. This compares to FFO of $8.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4.02%. A quarter ago, it was expected that this data center operator would post FFO of $8.82 per share when it actually produced FFO of $9.22, delivering a surprise of 4.54%. Over the last four quarters, the comp ...
Equinix(EQIX) - 2024 Q3 - Quarterly Report
2024-10-30 21:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading symbol Name of each exchange on which registered Common Stock, $0.001 EQIX The Nasdaq Stock Market LLC 0.250% Senior Notes due 2027 The Nasdaq Stock Market LLC 1.000% Senior Notes due 2033 The Nasdaq Stock Market LLC 3.650% Senior Notes due 2033 The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended Septemb ...
Equinix(EQIX) - 2024 Q3 - Quarterly Results
2024-10-30 20:18
Equinix Investor Relations Contacts: Equinix Media Contacts: invest@equinix.com press@equinix.com FOR IMMEDIATE RELEASE EQUINIX REPORTS THIRD-QUARTER 2024 RESULTS th Record Gross Bookings and a Dif erentiated Market Position Drive the Company's 87 Quarter of Consecutive Revenue Growth • Quarterly revenues increased 7% on both an as-reported and normalized and constant currency basis over the same quarter last year to $2.2 billion • Robust pricing, strong deal conversion rates and meaningful billable cabinet ...
Equinix Reports Third-Quarter 2024 Results
Prnewswire· 2024-10-30 20:05
REDWOOD CITY, Calif., Oct. 30, 2024 /PRNewswire/ -- Quarterly revenues increased 7% on both an as-reported and normalized and constant currency basis over the same quarter last year to $2.2 billion Robust pricing, strong deal conversion rates and meaningful billable cabinet improvement translated into strong performance against expectations Accelerated pursuit of growing artificial intelligence (AI) demand in the U.S. with the signing of a greater than $15 billion joint venture, expected to nearly triple th ...
Equinix to Post Q3 Earnings: What's in Store for the Stock?
ZACKS· 2024-10-28 16:31
Equinix, Inc. (EQIX) is scheduled to report third-quarter 2024 results on Oct. 30 after market close. The company's quarterly results are likely to reflect year-over-year growth in revenues and adjusted funds from operations (FFO) per share. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the previous quarter, this Redwood City, CA-based data center real estate investment trust (REIT) reported a surprise of 4.5% in terms of AFFO per share. Its quarterly results reflected steady ...
Equinix: Selling Shovels In A Gold Rush
Seeking Alpha· 2024-10-28 12:00
" Stockwaves is my bread and butter , and that's only catching maybe 10% of the charts they throw out! I had 7-10x+ trades with SW last year , and dozens more that were "slackers" (LOL) with "only" 3-4-5x returns. Amazing!" (Nicole)Stock Waves is a team run by Zac Mannes and Garrett Patten and includes contributing author Lyn Alden Schwartzer. Together they provide real-time Elliott Wave technical analysis on dozens of selected stocks each market session. They are the contributors for the investing group St ...
Curious about Equinix (EQIX) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-10-25 14:20
In its upcoming report, Equinix (EQIX) is predicted by Wall Street analysts to post quarterly earnings of $8.70 per share, reflecting an increase of 6.2% compared to the same period last year. Revenues are forecasted to be $2.2 billion, representing a year-over-year increase of 6.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a ...
Equinix: Buy This Golden Apple On The Data Center Tree
Seeking Alpha· 2024-10-11 18:56
On the 18th September, the Federal Reserve announced a 50 bp cut in interest rates, aimed to counter a slowing economy and soft labour market anticipating no further meetings until November. Being the first cut in over 3 An independent Singapore-based investor researching in trending sectors of macro markets such as Technology and Communication services. I publish articles once a month. I greatly appreciate constructive feedback on how to improve my articles and theses so as to gain experience, understandin ...
MEDIA ALERT: Equinix Sets Conference Call for Third-Quarter Results
Prnewswire· 2024-10-04 12:01
REDWOOD CITY, Calif., Oct. 4, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednesday, October 30, 2024, at 5:30 p.m. ET (2:30 p.m. PT). The company will discuss third-quarter results for the period ended September 30, 2024. To hear the conference call live, please dial 1-517-308-9482 (domestic and international) and reference the passcode (EQIX). A simultaneous live webcast of the call will ...
Equinix Agrees to Form Greater Than $15B JV to Expand Hyperscale Data Centers in the U.S. and Support Growing AI and Cloud Innovation
Prnewswire· 2024-10-01 12:00
REDWOOD CITY, Calif., Oct. 1, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced the signing of a joint venture (JV) agreement, subject to closing conditions, in the form of a limited liability partnership with GIC and Canada Pension Plan Investment Board (CPP Investments), with the intent to raise over US$15 billion in capital together with its partners. Driven by increasing artificial intelligence (AI) and cloud growth, the JV is intended to acc ...