08.05.2024 22:48:18 - dpa-AFX: Equinix Q1 AFFO Rises

WASHINGTON (dpa-AFX) - Equinix, Inc. (EQIX), Wednesday reported adjusted
funds from operations of $843 million or $8.86 per share compared to $802
million or $8.59 per share in the year ago quarter.

For the first quarter, FFO stood at $553 million or $5.81 per share compared to
last year's $548 million or $5.87 per share.

Earnings declined to $231 million or $2.43 per share from $259 million or $2.77
per share in the previous year.

On average, analysts surveyed by Thomson Reuters estimated earnings of $2.64 per
share for the same period.

Revenue rose to $2.12 billion from $1.9 billion last year.

Looking ahead, the company projects AFFO of $3.290 to $3.370 billion and revenue
of $8.692 to $8.792 billion for the financial year 2024, whereas it expects
revenue of $2.148 to $2.168 billion for the second quarter.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EQUINIX INC. DL-,001 A14M21 Frankfurt 713,600 03.06.24 12:11:08 +15,400 +2,21% 0,000 0,000 700,600 698,200

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