EQIX plans to build a new data center facility in Singapore. This facility is designed to support next-generation workloads like AI.
The data center industry thrives globally, and EQIX is primed to seize this opportunity with its recurring revenue model and strategic growth.
Ken Griffin's Citadel has been adding to its position in data center and digital infrastructure stock Equinix.
Explore Equinix's (EQIX) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
EQIX posts stellar Q3 results, backed by strong demand for its colocation and interconnection services.
Adaire Fox-Martin, Equinix CEO, joins CNBC's 'The Exchange' to discuss building out AI infrastructure, partnerships with hyperscalers, and more.
Equinix, Inc. (NASDAQ:EQIX ) Q3 2024 Earnings Conference Call October 30, 2024 5:30 PM ET Company Participants Chip Newcom - Senior Director of IR Adaire Fox-Martin - CEO and President Keith Taylor - CFO Conference Call Participants Ari Klein - BMO Capital Markets Simon Flannery - Morgan Stanley Jonathan Atkin - RBC James Schneider - Goldman Sachs David Barden - Bank of America Timothy Horan - Oppenheimer Operator Good afternoon and welcome to the Equinix Third Quarter Earnings conference call. All lines will be able to listen only until we open for questions.
Although the revenue and EPS for Equinix (EQIX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Equinix forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the continuing surge in artificial intelligence boom.
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.05 per share, beating the Zacks Consensus Estimate of $8.70 per share. This compares to FFO of $8.19 per share a year ago.
EQIX's Q3 earnings are likely to have gained from the growing demand for data centers with increasing digitization, though high interest rates might have hurt.
Equinix, a leading data center REIT, shows consistent growth and strong fundamentals. Our unique methodology provides a powerful strategy for identifying favorable risk-reward setups in stocks like EQIX. Accurate analysis in charts such as EQIX requires detailed work to avoid guesswork and ensure reliable market direction predictions.