Equinix (EQIX) Posts Q4 AFFO of $2.85

Equinix (NASDAQ: EQIX) reported Q4 AFFO of $2.85, $0.66 worse than the analyst estimate of $3.51. Revenue for the quarter came in at $730.5 million versus the consensus estimate of $715.59 million.

"2015 was a transformational year for Equinix. We delivered accelerated growth, expanded our global platform with two strategic acquisitions, completed our first year operating as a REIT, and established ourselves as the foundation for the cloud ecosystem that continues to drive IT transformation," said Steve Smith, president and CEO of Equinix. "The strength of our business is translating into solid revenue growth, firm yield and healthy margins, all of which combine to give us the financial firepower to continue to invest in our global platform, develop innovative solutions, and continue to deliver significant value to our shareholders."

For earnings history and earnings-related data on Equinix (EQIX) click here.

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