Switch, Inc. (SWCH) Reports Q3 Revenues Miss; Offers FY18 Revenue Outlook

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Stifel Reiterates Buy on Switch, Inc. (SWCH) Following 3Q

November 14, 2018 7:13 AM EST

Stifel analyst, Erik Rasmussen, reiterated a Buy rating and $13.00 price target on Switch Inc. (NYSE: SWCH) following the company's 3Q earnings report. Switch reported revenues of $102.8M, roughly in line with consensus. Adjusted EBITDA of $50.9M in the quarter outpaced consensus at $50.4M.

Following 2Q... More