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Equinix ups FY outlook after solid Q1 results

Thursday 27 April 2017 | 11:24 CET | News
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Equinix slightly increased its full-year outlook based on more positive forex trends after reporting first-quarter results in line with or better than its outlook. In the first three months of this year, the data centre operator recorded revenues of USD 950 million, up from USD 844 million a year ago thanks to its takeover of Telecity and 1 percent higher compared to Q4. Adjusted EBITDA of USD 428 million was just above the company's guidance, and AFFO improved 4 percent on a sequential basis to USD 304 million.

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Categories: Fixed
Companies: Equinix / TeleCity / Verizon
Countries: World
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