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Equinix reports 9% organic revenue growth in Q2

Thursday 9 August 2018 | 11:21 CET | News
Data centre operator Equinix reported second-quarter revenues of USD 1.26 billion, up 9 percent organically (+10% in Q1). On a reported basis, revenues increased by 18 percent year-on-year helped by recent acquisitions (Infomart Dallas, Itconic, and Metronode). The company said that adjusted EBITDA came in above guidance, at USD 604 million, with the EBITDA margin remaining broadly stable quarter-on-quarter at 48 percent. Adjusted funds from operations (AFFO) improved to USD 428 million, while net income rose to USD 68 million.

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Categories: Internet
Companies: Equinix
Countries: World
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