Equinix Q3 AFFO, Revenue Rise; Issues Q4 Guidance; Lifts 2026 Outlook
MT Newswires Live04:27
Equinix (EQIX) reported Q3 adjusted funds from operations late Wednesday of $11.64 per diluted share, up from $9.83 a year earlier.
Analysts polled by FactSet expected $10.56.
Revenue in the quarter ended Sept. 30 rose to $2.57 billion from $2.32 billion a year earlier.
Analysts expected $2.56 billion.
Equinix expects Q4 revenue of $2.68 billion to $2.72 billion. Analysts expect $2.64 billion.
The company raised full-year guidance to adjusted FFO of $43.71 to $44.11 a share on revenue of $10.33 billion to $10.37 billion. The prior outlook was for adjusted FFO of $42.69 to $43.29 on revenue of $10.21 billion to $10.29 billion.
Analysts expect adjusted FFO of $43.17 on revenue of $10.28 billion.
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