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Jun 30, 2020
Equinix Q2 2020 Earnings Report
Equinix's Q2 2020 results were reported, marked by revenue and interconnection growth.
Key Takeaways
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.
Revenues reached $1.470 billion, a 2% increase over the previous quarter.
Operating Income was $282 million, an 11% increase over the previous quarter.
Net Income attributable to Equinix was $133 million, or $1.52 per share.
AFFO reached $558 million, or $6.35 per share.
Equinix
Equinix
Equinix Revenue by Segment
Equinix Revenue by Geographic Location
Revenue by Segment
Colocation Revenue
CapyFin.comInterconnection Revenue
CapyFin.comManaged Infrastructure Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia-Pacific Revenue
CapyFin.com Forward Guidance
For the third quarter of 2020, the Company expects revenues to range between $1.493 and $1.513 billion, an increase of 2 - 3% quarter-over-quarter, or a normalized and constant currency increase of approximately 1 - 3%. Adjusted EBITDA is expected to range between $696 and $716 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income