Equinix Declares Quarterly Dividend on Common Stock

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Cowen Raises Price Target to $246 on Equinix (EQIX) Following 2Q15

July 30, 2015 7:29 AM EDT

Cowen reiterated a Market Perform rating on Equinix (NASDAQ: EQIX), and raised the price target to $246.00 (from $243.00), following 2Q15. Revenue was recorded at $665.6MM vs. the Streets $657.5MM estimate. For 3Q15, management expects revenue of $681-685MM (vs. Street's Old estimate of $671.0MM).... More

Equinix (EQIX) Declares $1.69 Quarterly Dividend; 2.4% Yield

July 29, 2015 5:26 PM EDT

Equinix (NASDAQ: EQIX) declared a quarterly dividend of $1.69 per share, or $6.76 annualized.

The dividend will be payable on September 16, 2015, to stockholders of record on August 26, 2015, with an ex-dividend date of August 24, 2015.

The annual yield on the dividend is 2.4 percent.

For a... More

Equinix (EQIX) Tops Q2 FFO Views

July 29, 2015 5:26 PM EDT

Equinix (NASDAQ: EQIX) reported Q2 AFFO of $3.89, $0.48 better than the analyst estimate of $3.41. Revenue for the quarter came in at $665.6 million versus the consensus estimate of $657.64 million.

Equinix sees FY2015 revenue of $2.685-2.695 billion, versus the consensus of $2.66 billion.

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

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