Equinix Misses EPS Mark, Revenue Rises

Equinix (NASDAQ:EQIX), a significant player in global digital infrastructure, released its fourth quarter 2024 earnings on February 12, 2025. Revenue came in at $2.26 billion, a minor shortfall from the projected $2.27 billion, although this still marked a 7.1% increase year-over-year. EPS for the quarter was a $0.14 per share loss. The improved adjusted EBITDA margin of 45% from 44% in the previous year's same period indicates operational efficiency.Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in 2024-10-30 earnings report.Equinix is a global data center provider, interconnecting enterprises worldwide. It operates 268 strategically located data centers, facilitating secure connections essential for global digital operations. The company focuses on expanding its global footprint, enhancing interconnection services, and driving sustainability initiatives. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool