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Equinix Inc. (EQIX) revealed earnings for its first quarter that rose from the same period last year.


RTTNews | Apr 28, 2021 04:14PM EDT

16:13 Wednesday, April 28, 2021 (RTTNews.com) - Equinix Inc. (EQIX) revealed earnings for its first quarter that rose from the same period last year.

The company's earnings totaled $156.36 million, or $1.74 per share. This compares with $118.96 million, or $1.38 per share, in last year's first quarter.

Analysts had expected the company to earn $1.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.1% to $1.60 billion from $1.44 billion last year.

Equinix Inc. earnings at a glance:

-Earnings (Q1): $156.36 Mln. vs. $118.96 Mln. last year.-EPS (Q1): $1.74 vs. $1.38 last year.-Analysts Estimate: $1.70-Revenue (Q1): $1.60 Bln vs. $1.44 Bln last year.

-Guidance:Full year revenue guidance: $6.559 - $6.619 B

Read the original article on RTTNews ( https://www.rttnews.com/3189216/equinix-inc-profit-rises-in-q1.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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