Equinix Earnings Reports

Equinix reported strong revenue growth in Q4 2024, reaching $2.26 billion, a 7% increase YoY. However, the company posted a net loss of $14 million due to $233 million in asset impairment charges and $69 million in restructuring and transaction costs. Adjusted EPS remained strong at $7.92, reflecting solid operational performance.

Equinix reported a 7% increase in quarterly revenues year-over-year, reaching $2.2 billion. The company's performance was driven by robust pricing, strong deal conversion rates, and meaningful billable cabinet improvement. A new joint venture is expected to nearly triple the capital invested in xScale data center portfolio.

Equinix reported strong Q2 2024 results, marked by record gross bookings and an 86th consecutive quarter of top-line revenue growth. Quarterly revenues increased 7% year-over-year to $2.2 billion, and net income increased 45% to $301 million. Adjusted EBITDA surpassed $1 billion for the first time.

Equinix reported a strong start to 2024 with Q1 revenues exceeding $2.1 billion, marking 85 consecutive quarters of top-line revenue growth. The company saw a 6% increase in revenue compared to the same quarter last year, driven by strong demand and strategic investments in its global footprint.

Equinix reported Q4 2023 results with revenues of $2.11 billion, a 13% increase over the previous year. The company achieved 21 years of consecutive quarterly revenue growth and made substantial progress on its ambitious agenda, positioning the business to capitalize on the immense opportunities that lie ahead.

Equinix reported solid Q3 2023 results, with revenues increasing by 12% year-over-year to $2.06 billion. The company saw a rise in both dividend and AFFO/share outlook for the full year, driven by enterprise customers and emerging service providers integrating AI into their strategies.

Equinix reported an 11% increase in quarterly revenues compared to the same quarter last year, reaching $2.02 billion. The company saw solid gross and net bookings, resulting in more than 4,100 deals across more than 3,100 customers. However, net income decreased by 4% to $207 million, primarily due to lower income from operations and higher income tax expense.

Equinix reported a strong start to the year with record quarterly revenues of approximately $2.0 billion, a 15% increase over the same quarter last year. The company saw significant growth in operating income and net income, driven by strong operating performance. Equinix is also increasing its annual guidance.

Equinix reported strong Q4 2022 results, with revenues reaching $1.871 billion, a 9% increase year-over-year. The company's performance was driven by the increasing demand for comprehensive digital infrastructure solutions and its global platform and interconnected ecosystems.

Equinix reported a 10% increase in quarterly revenues year-over-year, reaching $1.8 billion, with interconnection revenues outpacing colocation revenues. The company delivered its sixth consecutive quarter of record channel bookings and launched the Equinix Foundation with a $50 million commitment to advance digital inclusion.

Equinix reported strong Q2 2022 results, with revenues of $1.8 billion, a 10% increase year-over-year. The company achieved record quarterly gross and net bookings, driven by the Americas and EMEA regions, and exceeded 435,000 interconnections.

Equinix reported strong Q1 2022 results, with revenues increasing 9% year-over-year to $1.7 billion and achieving its 77th consecutive quarter of revenue growth. The company executed more than 4,200 deals across more than 3,100 customers and continued its global platform expansion with 43 projects underway across 29 metros in 20 countries.

Equinix reported an 11% increase in annual revenues, reaching $6.6 billion, marking the company's 76th consecutive quarter of revenue growth. The company also delivered record channel bookings, accounting for 40% of total bookings and nearly 60% of new logos.

Equinix reported a 10% increase in quarterly revenues compared to the same quarter last year, reaching $1.675 billion. Net income attributable to Equinix was $152 million, a 123% increase over the previous quarter. The company closed the GPX India acquisition and expanded its xScale program with a new joint venture in Australia.

Equinix reported strong Q2 2021 results, with revenues increasing by 13% year-over-year to $1.658 billion. The company exceeded 400,000 interconnections and achieved significant milestones, including Fortune 500 status and credit ratings upgrades.

Equinix reported strong Q1 2021 results, with revenues increasing by 10% year-over-year to $1.596 billion and net income attributable to Equinix increasing by 207% over the previous quarter to $156 million. The company also became the market leader in retail colocation in all three regions of the world and delivered one of the strongest net bookings quarters in the company's history.

Equinix reported Q4 2020 results, with annual revenues increasing by 8% year-over-year to approximately $6 billion. The company delivered record channel bookings and continued to expand its platform with multiple projects underway.

Equinix reported Q3 2020 results with revenues of $1.520 billion, a 9% increase year-over-year. AFFO was $580 million, a 4% increase over the previous quarter. The company launched Equinix Metal™ and expanded Platform Equinix®.

Equinix reported Q2 2020 results with a 6% increase in revenues compared to the same quarter last year, reaching $1.470 billion. The company delivered strong interconnection growth and customer deployments across multiple metros, comprising 88% of total recurring revenues.

Equinix reported Q1 2020 results with a 6% increase in revenues compared to the same quarter last year, reaching $1.445 billion. The company experienced strong bookings, driven by diverse customer demand and robust interconnection growth.

Equinix reported a 10% increase in full year revenues, reaching $5.562 billion. The company continues to focus on evolving Platform Equinix, adding new capabilities and service offerings to meet the digital transformation needs of its customers.