Equinix (EQIX) Misses Q1 EPS

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Go back to Equinix (EQIX) Misses Q1 EPS

Equinix Reports First Quarter 2020 Results

May 6, 2020 4:06 PM EDT

REDWOOD CITY, Calif., May 6, 2020 /PRNewswire/ --

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 growth Key customer expansions included Hurricane Electric, TikTok and Zoom Customer deployments across multiple metros comprised 87% of total recurring revenues, demonstrating the value of the Equinix global platform Interconnection revenues in the quarter increased 14% over the same quarter last year, or 15% on a normalized and constant currency basis, a sustainable and steady increase over the past few quarters... More