Equinix Q4 2021 Earnings Report
Key Takeaways
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.
Annual revenues increased 11% year-over-year to $6.6 billion.
Q4 marks the 76th consecutive quarter of revenue growth.
Record channel bookings were delivered in Q4, accounting for 40% of total bookings and nearly 60% of new logos.
Expansion into Africa was achieved through the agreement to acquire MainOne.
Equinix
Equinix
Equinix Revenue by Segment
Equinix Revenue by Geographic Location
Forward Guidance
For the first quarter of 2022, Equinix expects revenues to range between $1.726 and $1.746 billion, an increase of 2% quarter-over-quarter at the midpoint on both an as-reported and normalized and constant currency basis. For the full year of 2022, total revenues are expected to range between $7.202 and $7.252 billion, a 9% increase over the previous year on an as-reported basis, or a 9 - 10% increase on a normalized and constant currency basis.
Revenue & Expenses
Visualization of income flow from segment revenue to net income