Equinix Reports First Quarter 2018 Results
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Equinix (EQIX) Posts Q1 Revs of $1.22B
May 2, 2018 4:07 PM EDTEquinix (NASDAQ: EQIX) reported Q1 EPS of $0.79, which may note compare to the analyst estimate of $1.05. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.21 billion.
Business Outlook
For the second quarter of 2018, the Company expects revenues to range between $1.257 and $1.267 billion, an increase of 4% quarter-over-quarter, or a normalized and constant currency growth rate of approximately 2%. This guidance includes an incremental $18 million from the Infomart and Metronode acquisitions and a positive foreign currency benefit of $2 million when compared to the... More
