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MEDIA ALERT: Equinix to Speak at Upcoming Investor Conferences
PRNewsWire· 2024-02-26 13:01
REDWOOD CITY, Calif., Feb. 26, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its executives will attend three upcoming investor conferences:Citi 2024 Global Property Conference on Monday, March 4. Charles Meyers, President and CEO, will present at 10:15 a.m. ET.Morgan Stanley Technology, Media & Telecom Conference on Monday, March 4. Keith Taylor, CFO, will present at 2:10 p.m. PT.KeyBanc Capital Markets Emerging Tech Summit on Tuesday, ...
Equinix's (EQIX) Q4 AFFO Beat on Solid Demand, Revenues Rise
Zacks Investment Research· 2024-02-15 18:11
Equinix Inc.’s (EQIX) fourth-quarter 2023 adjusted funds from operations (AFFO) per share of $7.30 surpassed the Zacks Consensus Estimate of $7.25. The figure improved nearly 3% from the prior-year quarter.EQIX’s results reflect steady growth in colocation and inter-connection revenues on the back of strong demand for digital infrastructure. During the quarter, Equinix’s total interconnections reached 462,200, rising 3% year over year. The company also issued an outlook for 2024.Total quarterly revenues cam ...
Equinix (EQIX) is a Top Dividend Stock Right Now: Should You Buy?
Zacks Investment Research· 2024-02-15 17:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividen ...
Equinix(EQIX) - 2023 Q4 - Annual Report
2024-02-15 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 77-0487526 (State of incorporation) (IRS Employer Identification No.) One Lagoon Drive, Redwood City, California 94065 (Address of principal executive offices, including ZIP code) For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...
Equinix(EQIX) - 2023 Q4 - Earnings Call Transcript
2024-02-15 03:29
Equinix, Inc. (NASDAQ:EQIX) Q4 2023 Earnings Conference Call February 14, 2024 5:30 PM ET Company Participants Chip Newcom - Senior Director of Investor Relations Charles Meyers - Chief Executive Officer Keith Taylor - Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Aryeh Klein - BMO Capital Markets Jonathan Atkin - RBC Capital Markets Michael Rollins - Citi David Barden - Bank of America Michael Elias - TD Cowen Matt Niknam - Deutsche Bank Richard Choe - JPMorgan Frank ...
Equinix (EQIX) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-15 00:31
For the quarter ended December 2023, Equinix (EQIX) reported revenue of $2.11 billion, up 12.8% over the same period last year. EPS came in at $7.30, compared to $1.39 in the year-ago quarter.The reported revenue represents no surprise over the Zacks Consensus Estimate of $2.11 billion. With the consensus EPS estimate being $7.25, the EPS surprise was +0.69%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, ...
Equinix (EQIX) Q4 FFO Surpass Estimates
Zacks Investment Research· 2024-02-14 23:16
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $7.30 per share, beating the Zacks Consensus Estimate of $7.25 per share. This compares to FFO of $7.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.69%. A quarter ago, it was expected that this data center operator would post FFO of $7.79 per share when it actually produced FFO of $8.19, delivering a surprise of 5.13%.Over the last four quarters, the compan ...
Equinix Declares Quarterly Dividend on Its Common Stock
Prnewswire· 2024-02-14 21:10
REDWOOD CITY, Calif., Feb. 14, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly cash dividend of $4.26 per share on its common stock. The quarterly common stock dividend will be paid on March 20, 2024, to shareholders of record on February 28, 2024. About Equinix Equinix (Nasdaq: EQIX) is the world's digital infrastructure company®. Digital leaders harness Equinix's trusted platform to bring t ...
Equinix (EQIX) to Post Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-13 15:56
Equinix, Inc. (EQIX) is scheduled to report fourth-quarter and full-year 2023 results on Feb 14 after market close. The company’s quarterly results are likely to reflect year-over-year growth in revenues and adjusted funds from operations (FFO) per share.In the previous quarter, this Redwood City, CA-based data center real estate investment trust (REIT) reported a surprise of 5.13% in terms of AFFO per share. Its quarterly results reflected steady growth in colocation and inter-connection revenues due to th ...
Gear Up for Equinix (EQIX) Q4 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-09 15:21
The upcoming report from Equinix (EQIX) is expected to reveal quarterly earnings of $7.25 per share, indicating an increase of 2.3% compared to the year-ago period. Analysts forecast revenues of $2.11 billion, representing an increase of 12.8% year over year.The current level reflects an upward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Pri ...