Equinix hoists revenues, EBITDA above guidance in Q2

Thursday 30 July 2015 | 10:47 CET | News
Data centre operator Equinix said second quarter revenues went above the company's guidance to USD 665.6 million, up 10 percent from the year before. Adjusted EBITDA rose 13 percent to USD 311.3 million, also higher than expected. CEO Steve Smith noted the quarter was the company's 50th of consecutive revenue growth. The net profit went to USD 59.5 million and USD 1.04 per share or USD 1.03 in diluted earnings per share. Adjusted funds from operations (AFFO) advanced 18 percent from the year before to USD 221.4 million, though unchanged from the previous quarter. Capex reached USD 221.3

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