earnings
confidence high
sentiment positive
materiality 0.85
Equinix Q2 2024 revenue up 7% to $2.2B; net income up 45%; adjusted EBITDA tops $1B for first time
EQUINIX INC
2024-Q2 EPS reported
$5.59
revenue$4,286,000,000
- Quarterly revenue $2.2B, +7% YoY; normalized and constant currency +8%.
- Net income $301M, +45% YoY; adjusted EBITDA exceeded $1B quarterly threshold for first time.
- Record gross bookings driven by xScale momentum; closed first multi-hundred-megawatt xScale campus in Atlanta.
- 86th consecutive quarter of top-line revenue growth.