Equinix(US:EQIX)2024-10-31 02:23Q3 2024 Financial Performance - Equinix reported revenues of $2.201 billion, a 2% QoQ and 7% YoY growth[6, 9] - Adjusted EBITDA reached $1.048 billion, reflecting a 1% QoQ and 12% YoY increase[9, 11] - AFFO was $866 million, with AFFO per share (diluted) at $9.05, representing a 1% QoQ and 12% YoY growth[9, 11] - Adjusted EBITDA margin was 47.6%, or 47.7% excluding integration costs[9] Regional Performance - Americas revenues grew to $914 million, a 1% QoQ and 5% YoY increase[13] - EMEA revenues reached $713 million, a 3% QoQ and 5% YoY increase[17, 18] - Asia-Pacific revenues were $432 million, a 6% QoQ and 14% YoY increase[21, 22] Capital Structure and Expenditures - Available liquidity stands at $7.2 billion[27] - Total gross debt is $15.3 billion, with a net leverage ratio of 3.5x[27] - Recurring capital expenditures were $69 million, representing 3.1% of revenues[11, 28] - Non-recurring capital expenditures amounted to $655 million[29] 2024 Financial Guidance - FY24 revenue guidance is $8.748 - $8.788 billion, representing approximately 7% normalized constant currency growth excluding net power pass-through[32, 34] - FY24 adjusted EBITDA guidance is $4.086 - $4.126 billion, with an adjusted EBITDA margin of approximately 47%[32] - FY24 AFFO guidance is $3.338 - $3.378 billion, with AFFO per share (diluted) of $34.81 - $35.22[32]