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.
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.
Visualization of income flow from segment revenue to net income