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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Equinix

Equinix, Inc. engages in the provision of collocation space and develops data center solutions. The firm offers secure key management, consulting, network virtualization, customer support, and managed services. It operates through the following geographical segments: Americas, Europe, Middle East & Africa and Asia-Pacific. The company was founded by Jay Steven Adelson and Albert M. Avery, IV on June 22, 1998, and is headquartered in Redwood City, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Equinix achieves record revenue in Q4 2022, poised for growth

Equinix delivered exceptional financial performance in Q4 2022, with record revenues and strong growth across key business segments.
The company's focus on digital transformation, interconnection services, and digital portfolio positions it well for future growth.
While facing challenges such as expense management and currency impacts, Equinix is poised to capitalize on opportunities through strategic investments and continued innovation.
Overall, Equinix's strong demand for agile infrastructure solutions underscores its position as a leader in the digital transformation space.

Equinix reports robust Q1 earnings, eyes growth in Asia

Equinix delivered a strong Q1 performance, exceeding revenue expectations and raising guidance for 2023. The company's commitment to sustainability, strong demand for connectivity services, and pricing improvements are key strengths.
Challenges include capacity constraints, power price volatility, and potential churn risks, which Equinix aims to address through sustainable growth strategies. Opportunities in M&A, xScale partnerships, and market prioritization offer avenues for future growth.
Overall, Equinix's focus on sustainability, customer-centric growth strategies, and pricing enhancements position the company well for continued success in the evolving digital infrastructure landscape.

Equinix reports robust Q2 earnings, raises guidance amid expansion

Equinix's Q2 performance reflects strong growth and strategic expansion efforts, despite facing challenges such as churn rate increases and supply chain constraints. The company's focus on customer value, partnerships, and technology advancements positions it well for continued success and growth in the data center services market.

Equinix reports robust Q3 earnings, accelerates dividend, eyes AI growth

Equinix's Q3 showcased strong financial performance, strategic investments, and a focus on digital transformation and AI. The company's low net leverage, raised guidance, and increased dividend highlight its financial strength. Challenges include customer churn and cautious IT spending, while opportunities lie in AI, global investments, and xScale development.

Equinix reports record-breaking revenues, eyes growth in digital transformation

Equinix delivered strong financial performance in Q4 2023, exceeding revenue expectations and showcasing growth in key areas like AI partnerships and xScale leasing.
While facing challenges in optimizing capacity returns and deal conversions, the company's focus on global expansion, interconnection leadership, and innovation presents significant opportunities.
With a solid financial foundation, strategic partnerships, and a clear vision for the future, Equinix is poised for continued growth and success in the digital transformation landscape.
By addressing challenges, leveraging strengths, and capitalizing on opportunities, Equinix aims to maintain its position as a leading platform for digital edge services and innovation.

Equinix reports record bookings and AI growth, faces churn challenges

Equinix's Q2 2024 earnings call highlights strong financial performance, operational success, and strategic focus on growth and value creation.
The company faces challenges related to churn management, legal processes, and revenue growth impacts from cabinet density shifts.
Opportunities in AI demand, market expansion, and revenue growth drivers position Equinix well for future growth and competitive positioning.
Efforts towards simplification, focus on customer expansion, and addressing churn expectations are key focus areas for Equinix in the near term.

Equinix reports stellar Q3 results, triples xScale investment capital

Equinix's Q3 performance reflects strong financial results, driven by record revenues, robust demand for digital infrastructure, and strategic wins in key market segments.
The company's focus on customer engagement, integrated solutions, and innovation, along with the xScale program's expansion, positions Equinix for continued growth and value creation.
While facing challenges in managing finances and maintaining market leadership, Equinix has opportunities to capitalize on the growing demand for digital infrastructure and expand its customer base.

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Equinix, Inc. is a digital infrastructure company, which engages in the provision of a platform that interconnects the foundational infrastructure. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia-Pacific. It offers digital services, data center services, interconnection services, and support services. The company was founded by Jay Steven Adelson and Albert M. Avery, IV on June 22, 1998 and is headquartered in Redwood City, CA.

Equinix, Inc. (NASDAQ:EQIX ) Q2 2024 Earnings Conference Call August 7, 2024 5:30 PM ET Company Participants Chip Newcom - Senior Director of IR Adaire Fox-Martin - CEO and President Keith Taylor - CFO Conference Call Participants Simon Flannery - Morgan Stanley Nick Del Deo - MoffettNathanson David Barden - Bank of America James Schneider - Goldman Sachs Michael Elias - TD Cowen Michael Rollins - Citi Operator Good afternoon, and welcome to the Equinix Second Quarter Earnings Conference Call [Operator Instructions]. I would now like to turn the call over to Chip Newcom, Senior Director of Investor Relations.

Equinix, Inc. (EQIX) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Equinix (EQIX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Equinix (EQIX) Reports Q2 Earnings: What Key Metrics Have to Say

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.22 per share, beating the Zacks Consensus Estimate of $8.82 per share. This compares to FFO of $8.04 per share a year ago.

Equinix (EQIX) Beats Q2 FFO and Revenue Estimates

Equinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intelligence technology.

Equinix raises annual adjusted core earnings forecast on strong data center demand

REDWOOD CITY, Calif. , Aug. 7, 2024 /PRNewswire/ -- Quarterly revenues increased 7% over the same quarter last year to $2.2 billion, or 8% on a normalized and constant currency basis Net income increased 45% year-over-year to $301 million and adjusted EBITDA surpassed the $1 billion quarterly threshold for the first time Closed first multi-hundred-megawatt xScale campus in Atlanta; continue to augment and extend xScale portfolio to support cloud and AI training workload demands Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today reported results for the quarter ended June 30, 2024.

Equinix Reports Second Quarter 2024 Results

Equinix's (EQIX) Q2 earnings are likely to have benefited from the robust demand for data centers and expansionary efforts. However, higher interest expenses may have hurt it.

Equinix (EQIX) to Post Q2 Earnings: What's in the Offing?

Crown Castle International

Prologis

The REITs (Real Estate Investment Trusts) are worth checking out if you're looking to get paid handsome distributions while you wait for the Federal Reserve to finally cut interest rates. Undoubtedly, capital-intensive REITs stand out as big winners as rates fall.

The Top 3 REITs to Buy Now: Summer 2024

Equinix has been one of the best performing REITs over the last few years, despite the Federal Reserve's hawkish policy. There is a lot to like: EQIX provides an essential digital service, it has a great track record and enjoys a clear tailwind. Unfortunately, the stock seems way too expensive for my taste and I think other REITs might offer better value at the moment.

Equinix: An Absolute Beast, But Not A Bargain

Equinix (EQIX) reachead $771.90 at the closing of the latest trading day, reflecting a +0.34% change compared to its last close.

Here's Why Equinix (EQIX) Gained But Lagged the Market Today

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Equinix (EQIX) have what it takes?

Equinix (EQIX) Could Be a Great Choice

Arbor Realty Trust

Agree Realty

American Homes 4 Rent

American Tower

Alexandria Real Estate Equities

AvalonBay Communities

Boston Properties

Camden Property

CoStar Group

Digital Realty Trust

Healthpeak Properties Inc

Equity LifeStyle Properties

Equity Residential

Essex Property Trust

Extra Space Storage

First Industrial Realty Trust

Federal Realty Investment Trust

Getty Realty

Innovative Industrial Properties

Invitation Homes

Iron Mountain

Kimco Realty

Mid-America Apartment Communities

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.

If I Had To Retire Today With 12 REITs

Equinix has acquired three data centers in the Philippines from Total Information Management to expand its presence in the high growth potential region of Southeast Asia, the global data center firm said on Tuesday.

Data center firm Equinix enters the Philippines, eyes on Southeast Asia

REDWOOD CITY, Calif. and MANILA, The Philippines , July 22, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced its planned entry into the Philippines with the acquisition of three data centers from Total Information Management ("TIM"), a leading technology solutions provider.

Equinix to Extend its Digital Infrastructure Platform to the Philippines with Acquisition of Three Data Centers

If you're retiring, already retired, or even thinking about retiring, it's always a good idea to protect your portfolio with retirement stocks. One way to do that is by buying safe dividend stocks.

3 Retirement Stocks to Buy Now: Q3 Edition

Equinix (EQIX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Equinix (EQIX) Rating Upgrade to Buy

Dublin, July 17, 2024 (GLOBE NEWSWIRE) -- The "Finland: Data Centre Landscape - 2024 to 2027" report has been added to ResearchAndMarkets.com's offering.

Finland: Data Centre Landscape Report 2024-2027, Featuring Equinix, Hetzner, atNorth, Advania AB, Elisa, TS-Yhtyma and Hyperco

Hewlett Packard

Nippon Telegraph & Telephone Corp

Providers of AI infrastructure ‘picks and shovels' stand to benefit from growing demand

The Nvidia-led AI gold rush is paydirt for these 5 data-center growth stocks

Eli Lilly

NVIDIA

Novo Nordisk

Occidental Petroleum

Taiwan Semiconductor Manufacturing

Investors should look for top-quality stocks for the remainder of the year. With plenty of uncertainties, a nearing presidential election, geopolitical issues, and a lack of a clear economic trajectory, you want to make sure the stock you're jumping into is top-quality and fundamentally solid.

7 Top-Quality Stocks to Buy Now: July 2024

Global data centre operator Equinix is considering a sale of a minority stake in its Hong Kong facilities, valuing the assets at around $2 billion, two sources said, in a move to capitalise on the boom in demand from artificial intelligence.

Data centre operator Equinix mulls minority stake sale in Hong Kong assets, sources say

Rockwell Automation

Snap

It may seem contrarian to say artificial intelligence (AI) is overvalued. However, perception plays a key role.

Stocks to Sell: 3 AI ‘Pretenders' Set to Crash and Burn

Public Storage

Income investors looking for high-yield stocks with safe dividends should take a closer look at real estate investment trusts, or “REITs.” This is because REITs typically have high dividend yields, making them appealing for income investors.

3 REITs to Buy for Dividend Yield AND Growth

NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Equinix, Inc. (NASDAQ: EQIX) on behalf of long-term stockholders following a class action complaint that was filed against Equinix on May 2, 2024 with a Class Period from May 3, 2019 to March 24, 2024. Our investigation concerns whether the board of directors of Equinix have breached their fiduciary duties to the company.

EQUINIX ALERT: Bragar Eagel & Squire, P.C. is Investigating Equinix, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

American Healthcare REIT Inc

Brixmor Property Group

Americold Realty

Centerspace REIT

Highwoods Properties

Healthcare Realty Trust Inc

Independence Realty Trust

InvenTrust Properties Corp

Kite Realty Group

National Retail Properties

Realty Income Corp

Plymouth Industrial REIT

Overall positive outlook for REIT industry with decline in development activity, potential for increased transaction market activity, and well-capitalized REITs poised for growth. Key themes from REITWeek conference: improving transaction market, challenges with development projects, optimism driven by stable-to-improving fundamentals. Actionable ideas from meetings include investing in data centers, cell towers, triple net properties, multifamily, SFR, MH/RV, self-storage, healthcare, industrial, and office sectors.

Equity REITs: Takeaways From REITWeek 2024

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Turkey Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Turkey Data Center Market was valued at USD 471.00 Million in 2023, and is expected to reach USD 688.00 Million by 2029, rising at a CAGR of 6.52%.

Turkey Data Center Market Investment & Growth Analysis 2024-2029 Featuring Key DC Investors - Equinix, NGN, PenDC, Telehouse, Turkcell, and Turk Telekom

NEW YORK, NY / ACCESSWIRE / July 1, 2024 / If you suffered a loss on your Equinix, Inc. (NASDAQ:EQIX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/equinix-lawsuit-submission-form?prid=88617&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Equinix, Inc.(EQIX) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

News for Equinix Stock (EQIX)