Switch, Inc. (SWCH) Misses Q1 EPS by 1c, Reaffirms Guidance

Switch, Inc. (NYSE: SWCH) reported Q1 EPS of $0.04, $0.01 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $128.1 million versus the consensus estimate of $123.83 million.

GUIDANCE:

Switch, Inc. sees FY2020 revenue of $507-521 million, versus the consensus of $516.1 million.

• Revenue in the range of $507 million to $521 million.
• Adjusted EBITDA in the range of $251 million to $261 million.
• Capital expenditures, excluding land acquisitions, in the range of $290 million to $340 million

For earnings history and earnings-related data on Switch, Inc. (SWCH) click here.

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