Switch Announces Second Quarter 2019 Financial Results
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Switch, Inc. (SWCH) Misses Q2 EPS by 4c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance
August 7, 2019 5:40 PM EDTSwitch, Inc. (NYSE: SWCH) reported Q2 EPS of $0.01, $0.04 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $111.6 million versus the consensus estimate of $109.46 million.
"Switch continued its strong business momentum in the second quarter, again delivering solid new bookings and strong performance on both the top and bottom lines," said Rob Roy, CEO, chairman and founder of Switch. "In this quarter, we continued to make key additions to our enterprise sales team, architected a unique solution for a Tier 1 global cloud provider, and expanded our land portfolio... More
