Cyxtera Technologies

Cyxtera Technologies, Inc. provides data center colocation and interconnection services. The company was founded on February 22, 2017 and is headquartered in Coral Gables, FL.

Earnings data Q1 2024

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Brookfield Infrastructure Partners L.P.

Cyxtera Technologies Inc

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced that the U.S. Bankruptcy Court for the District of New Jersey has approved the sale of substantially all of the Company's assets to Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively “Brookfield”) and will confirm Cyxtera's Plan of Reorganization. “We are pleased t.

Cyxtera Receives Court Approval for Sale to Brookfield and Plan of Reorganization

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ), a global leader in data center colocation, interconnection services and digital infrastructure, today released a business update for the quarter ended September 30, 2023. “We achieved solid results in the third quarter, demonstrating the strength of our core business, continued support from our customers, and robust demand for our innovative data center platform,” said Nelson Fonseca, Cyxtera's Chief Executive Officer. Preliminary Q3 2023 Financial.

Cyxtera Provides Business Update for the Third Quarter 2023

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced that it has entered into an asset purchase agreement (“APA”) under which Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively “Brookfield”), will acquire substantially all of Cyxtera's assets for $775 million. In connection with the APA and the court supervised proce.

Cyxtera Enters Asset Purchase Agreement with Brookfield

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced the launch of its new AI + Quantum Center of Excellence (COE) in the company's LHR3 data center in Reading, U.K. Cyxtera designed its COE to serve as a testing and activation hub for companies exploring how to leverage AI and quantum computing in their environments. By providing access to a wide breadth of best-of-breed technology provide.

Cyxtera Launches AI + Quantum Center of Excellence to Empower Customers to Explore New Technologies

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (OTC: CYXTQ), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced its collaboration with Hewlett Packard Enterprise (HPE) to help customers simplify their IT operations, improve agility, and realize significant cost savings. As an HPE Partner Ready service provider, Cyxtera is now offering its Enterprise Bare Metal solution supported by the HPE GreenLake platform. With HPE ProLiant servers on Cyxtera En.

Cyxtera and Hewlett Packard Enterprise Collaborate to Help Customers Accelerate and Simplify their Hybrid IT Strategies

Cyxtera Technologies (NASDAQ: CYXT ) stock is falling on Monday as the company continues with its bankruptcy filing. Cyxtera Technologies announced its bankruptcy filing at the start of the prior week.

Why Is Cyxtera Technologies (CYXT) Stock Down 19% Today?

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Among the top-performing property sectors this year, the Data Center REIT rebound has been fueled by reports of "booming" demand for artificial intelligence ("AI") focused data center chips. Even before the Nvidia report, Data Center REITs were on the upswing in early 2023 after an impressive slate of earnings results showed improved pricing power and record-high occupancy rates. Ironically, this AI-wave comes just as Data Center REITs became a trendy “short” idea centered on a thesis of weak pricing power and competition from the "hyperscalers" - Amazon, Google, and Microsoft.

Data Center REITs: Physical Epicenter Of AI

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its “First Day” motions related to the Company's voluntary Chapter 11 petitions filed on June 4, 2023. The Court granted interim approval to access up to $54 million of the $200 million in debtor-in-possession financing from certain of its term lenders. In addition,.

Cyxtera Receives Court Approval for “First Day” Motions

Cyxtera Technologies (NASDAQ: CYXT ) stock is falling hard on Monday after the data center company revealed a bankruptcy filing. Cyxtera Technologies is using a Chapter 11 bankruptcy filing to facilitate its ongoing restructuring plan.

Why Is Cyxtera Technologies (CYXT) Stock Down 27% Today?

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that, pursuant to the previously disclosed Restructuring Support Agreement (“RSA") it reached with certain of its lenders holding over two-thirds of its outstanding term loan, the Company and certain of its subsidiaries have initiated a pre-arranged court-supervised process under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for t.

Cyxtera Takes Next Step to Implement Restructuring Support Agreement

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MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that it has received $50 million in new financing from certain of its lenders, holding over two-thirds of its outstanding term loan (the “Lenders”), to support ongoing business operations. In connection with the new financing, Cyxtera has entered into a Restructuring Support Agreement (“RSA”) with the Lenders to strengthen the Company's financial position and f.

Cyxtera Takes Steps to Position Business for Long-Term Success

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced it has been recognized by CRN®, a brand of The Channel Company, with a prestigious 5-star rating in its 2023 Partner Program Guide. This annual guide offers essential information to solution providers as they explore technology providers' partner programs to find the vendors that will best support their business needs.

Cyxtera Earns 5-Star Rating in 2023 CRN® Partner Program Guide

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced new online self-service capabilities that allow organizations to evaluate, order, and deploy services from its global data center platform in minutes.

Cyxtera Launches Online Self-Service Capabilities for its Global Data Center Platform

Cyxtera Technologies, Inc. (CYXT) delivered earnings and revenue surprises of -24% and 1.42%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Cyxtera Technologies, Inc. (CYXT) Reports Q4 Loss, Tops Revenue Estimates

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera Technologies, Inc. (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter and full-year ended December 31, 2022.

Cyxtera Announces Fourth Quarter and Full-Year 2022 Results

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced a strategic collaboration with Dell Technologies to deliver Dell's infrastructure, combined with Cyxtera's colocation and network technologies, that will accelerate the infrastructure deployments of their customers.

Cyxtera to Deliver On-Demand Infrastructure Solutions that Accelerate Customer Deployments

Cyxtera Technologies, Inc. (CYXT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Cyxtera Technologies, Inc. (CYXT) Is Attractively Priced Despite Fast-paced Momentum

LOS ANGELES & MIAMI--( BUSINESS WIRE )--Zenlayer, a massively distributed edge cloud services provider, and Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced a partnership to bring high-performance cloud connectivity to global emerging markets.

Zenlayer and Cyxtera Partner to Provide High-Speed Interconnectivity into Global Emerging Markets

MIAMI--( BUSINESS WIRE )--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that Carlos Sagasta, Chief Financial Officer, will participate in two upcoming investor conferences:

Cyxtera to Speak at Upcoming Investor Conferences

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MIAMI--( BUSINESS WIRE )--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that its Board of Directors has determined to target completion of its previously announced conversion to a real estate investment trust (“REIT”) for federal income tax purposes on January 1, 2024 instead of January 1, 2023. Cyxtera's decision is not due to any issue impacting the company's ability to meet the requirements to elect REIT status, but rather to maintain flexibility as it considers alternatives for the company and its capital structure.

Cyxtera Announces Update on REIT Conversion

Cyxtera Technologies, Inc. (NASDAQ:CYXT ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Kwang Edeker – Senior Director of Finance Nelson Fonseca – President and Chief Executive Officer Carlos Sagasta – Chief Financial Officer Conference Call Participants Frank Louthan – Raymond James John Hodulik – UBS Michael Rollins – Citigroup Jonathan Atkin – RBC Capital Markets Sami Badri – Credit Suisse Michael Elias – Cowen and Company James Breen – William Blair Operator Hello, everyone, and welcome to the Cyxtera Third Quarter 2022 Earnings Call. My name is Daisy, and I'll be coordinating your call today.

Cyxtera Technologies, Inc. (CYXT) Q3 2022 Earnings Call Transcript

Cyxtera Technologies, Inc. (CYXT) delivered earnings and revenue surprises of -63.16% and 0.57%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Cyxtera Technologies, Inc. (CYXT) Reports Q3 Loss, Misses Revenue Estimates

MIAMI--(BUSINESS WIRE)---- $CYXT #colocation--Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today released financial results for the quarter ended September 30, 2022.

News for Cyxtera Technologies Stock (CYXT)