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Equinix increases dividend on higher Q4 revenues, profit

Thursday 15 February 2018 | 11:51 CET | News
For the full year, results came in at the high end of expectations, with revenues up 21 percent to USD 4.368 million. The figure includes USD 359 million from the acquisition of 29 Verizon data centres, and USD 17 million from its Itconic and Istanbul 2 takeovers. The operating profit for the year jumped over 30 percent to USD 809 million while the adjusted EBITDA wen to USD 2.052 billion and the net profit from continuing operations to USD 233 million. AFFO beat the guidance, climbing 33 percent to USD 1.437 billion. 

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Categories: Fixed
Companies: Equinix / Verizon
Countries: World
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