Q2 2024 Financial Performance - Revenues reached $2159 million, a 2% QoQ and 7% YoY growth[11] - Adjusted EBITDA was $1036 million, a 4% QoQ and 15% YoY growth[11] - Adjusted EBITDA margin was 48%[9, 11] - AFFO reached $877 million, a 4% QoQ and 16% YoY growth[11] - AFFO per share (diluted) was $922[11] Regional Performance - Americas revenues grew 9% YoY on an as-reported basis[13], with an adjusted EBITDA of $451 million[12] - EMEA revenues grew 5% YoY on an as-reported basis[16], with an adjusted EBITDA of $324 million[20] - Asia-Pacific revenues grew 7% YoY on an as-reported basis[23], with an adjusted EBITDA of $261 million[22] 2024 Financial Guidance - Full-year revenue guidance is $8692 - $8772 million[30] - Full-year adjusted EBITDA guidance is $4066 - $4126 million, with a margin of approximately 47%[30] - Recurring capital expenditures are expected to be approximately 3% of revenues, between $227 - $247 million[30] - Full-year AFFO guidance is $3310 - $3370 million[30] - Full-year AFFO per share (diluted) guidance is $3467 - $3530[30] Capital Expenditures - Recurring capital expenditures for Q2 2024 were $45 million, representing 2% of revenues[11, 26] - Non-recurring capital expenditures for Q2 2024 were $603 million[27] Other Key Metrics - Total interconnections reached 472300, a 1% QoQ increase[11, 42, 53] - Worldwide cabinet billing was 285700[11, 53] - MRR per cab was $2287[11, 53]
Equinix(EQIX) - 2024 Q2 - Earnings Call Presentation