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Equinix revenues rise 11% to EUR 1.28 bln in Q3, ups FY guidance

Friday 2 November 2018 | 09:45 CET | News
Data centre operator Equinix reported third-quarter revenues of USD 1.28 billion, up 11 percent year on year on a reported basis and 9 percent organically following recent acquisitions (Infomart Dallas, Itconic, and Metronode). The company's adjusted EBITDA came in slightly above guidance, at USD 613 million, with the EBITDA margin sequentially stable at 48 percent. Adjusted funds from operations (AFFO) declined 6 percent sequentially to USD 402 million due to USD 9 million of integration costs for acquisitions, while net income surged 85 percent sequentially to USD 125 million.

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Categories: Fixed
Companies: Equinix
Countries: World
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