Equinix Q4 Profit Down

(RTTNews) - Equinix Inc. (EQIX) Wednesday reported fourth-quarter net income of $45.2 million or $0.88 per share, compared to $45.3 million or $0.83 per share last year.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.78 for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter rose to $564.7 million from $506.1 million last year. Analysts estimated revenues of $562.74 million for the quarter.

For the first quarter of 2014, the company expects revenues to range between $572.0 million and $576.0 million. Analysts currently see revenues of $578.51 million for the quarter.

For the full year of 2014, the company sees total revenues to be greater than $2.38 billion. Analysts currently see revenues of $2.41 billion for the year.