earnings
confidence high
sentiment positive
materiality 0.75
Equinix Q3 revenue $2.1B (+12% YoY); raises dividend 25% to $4.26/share
EQUINIX INC
2023-Q3 EPS reported
$7.91
revenue$6,077,647,000
- Revenue of $2.1B for Q3 2023, up 12% YoY (14% normalized & constant currency).
- Quarterly cash dividend increased 25% to $4.26 per share, citing strong operating performance.
- 4,200 deals closed across 3,100 customers, including record new logo wins from high-propensity targets.
- Channel bookings represented over 65% of new logos, focused on digital transformation initiatives.
- Enterprise and service provider demand driven by integration of AI into strategies and offerings.