earnings
confidence low
sentiment positive
materiality 0.80
Equinix Q3 revenue up 7% to $2.2B; signs >$15B JV for xScale data centers
EQUINIX INC
2024-Q3 EPS reported
$8.69
revenue$6,487,000,000
- Quarterly revenues of $2.2B, up 7% as-reported and on a normalized & constant currency basis YoY.
- Record gross bookings; 87th consecutive quarter of revenue growth.
- Signed a greater than $15 billion joint venture to nearly triple capital invested in xScale data center portfolio.
- Strong pricing, deal conversion and billable cabinet improvement drove performance.