Equinix Reports First Quarter 2020 Results

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Equinix (EQIX) Misses Q1 EPS

May 6, 2020 4:36 PM EDT

Equinix (NASDAQ: EQIX) reported Q1 EPS of $1.38, $0.43 worse than the analyst estimate of $1.81. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.45 billion.

Quarterly revenues increased 6% over the same quarter last year to $1.445 billion, or 7% on a normalized and constant currency basis, representing the 69th consecutive quarter of revenue growthKey customer expansions included Hurricane Electric, TikTok and... More