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Jun 30, 2021
Equinix Q2 2021 Earnings Report
Equinix exceeded expectations and delivered another consecutive quarter of revenue and interconnection growth.
Key Takeaways
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.
Quarterly revenues increased 13% over the same quarter last year to $1.658 billion, representing the company's 74th consecutive quarter of revenue growth.
Company exceeds 400,000 interconnections, highlighting its critical role in the digital infrastructure of today's businesses
Significant milestones in the quarter included attaining Fortune 500 status, recognition as a leader in IDC's Marketscape report and upgrades from two top credit ratings agencies
Channel sales delivered a record quarter, contributing more than 35% of the bookings for the quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the third quarter of 2021, the Company expects revenues to range between $1.668 and $1.688 billion. Adjusted EBITDA is expected to range between $766 and $786 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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