Switch, Inc. (SWCH) Misses Q1 EPS by 2c; Maintains Outlook

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Switch Announces First Quarter 2022 Financial Results

May 10, 2022 4:13 PM EDT

Revenue of $164.6 million, Net Income of $23.9 million, Adjusted EBITDA of $86.8 million

Revenue Growth of 26%, Organic Revenue Growth of 16% Compared to Year Ago Quarter

Incremental Annualized Revenue Bookings of $20 million and Total Contract Value of $160 million

LAS VEGAS, May 10, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) ("Switch") today announced financial results for the quarter ended March 31, 2022.

"Switch maintained its positive momentum in the first quarter of... More