financetom
Business
financetom
/
Business
/
Equinix Q2 Adjusted FFO, Revenue Rise; Q3, Full-Year Guidance Set
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Equinix Q2 Adjusted FFO, Revenue Rise; Q3, Full-Year Guidance Set
Aug 7, 2024 1:56 PM

04:31 PM EDT, 08/07/2024 (MT Newswires) -- Equinix ( EQIX ) late Wednesday reported Q2 adjusted funds from operations of $9.22 per diluted share, up from $8.04 a year earlier.

Analysts polled by Capital IQ expected $8.83.

Revenue for the quarter ended June 30 was $2.16 billion, compared with $2.02 billion a year earlier.

Analysts expected $2.16 billion.

For Q3, the company expects revenues to range between $2.19 and $2.21 billion. Analysts are expecting $2.21 billion.

For 2024, the digital infrastructure company is projecting AFFO of $34.67 to $35.30 on revenue of $8.69 billion to $8.77 billion.

Analysts polled by Capital IQ are looking for $34.99 and $8.76 billion, respectively.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved