Equinix, Inc. (EQIX) Posts Q2 Loss of $0.58/Share, Guides Sales Below the Street
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Price: $748.00 +1.10%
Revenue Growth %: +7.0%
Financial Fact:
Income tax expense: -22.78M
Today's EPS Names:
MAXN, CSTR, ACU, More
Revenue Growth %: +7.0%
Financial Fact:
Income tax expense: -22.78M
Today's EPS Names:
MAXN, CSTR, ACU, More
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Equinix, Inc. (NASDAQ: EQIX) reported Q2 EPS of ($0.58), which may not compare to the analyst estimate of $0.70. Revenue for the quarter came in at $525.7 million versus the consensus estimate of $533.5 million.
“We significantly outperformed our adjusted EBITDA targets this quarter and our operating profits continue to improve, increasing the level of cash generated from operations after adjusting for the REIT-related cash costs and taxes,” said Keith Taylor, CFO of Equinix. “We see a clear path to improving adjusted EBITDA margins to support our long-term model, and are balancing growth and profitability as we scale the business.”
Equinix, Inc. sees Q3 2013 revenue of $538-542 million, versus the consensus of $561.5 million.
Equinix, Inc. sees FY2013 revenue of $2.135-2.145 billion, versus the consensus of $2.2 billion.
For earnings history and earnings-related data on Equinix, Inc. (EQIX) click here.
“We significantly outperformed our adjusted EBITDA targets this quarter and our operating profits continue to improve, increasing the level of cash generated from operations after adjusting for the REIT-related cash costs and taxes,” said Keith Taylor, CFO of Equinix. “We see a clear path to improving adjusted EBITDA margins to support our long-term model, and are balancing growth and profitability as we scale the business.”
Equinix, Inc. sees Q3 2013 revenue of $538-542 million, versus the consensus of $561.5 million.
Equinix, Inc. sees FY2013 revenue of $2.135-2.145 billion, versus the consensus of $2.2 billion.
For earnings history and earnings-related data on Equinix, Inc. (EQIX) click here.
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