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Equinix Inc. (EQIX) released a profit for second quarter that declined from last year.


RTTNews | Jul 29, 2020 04:32PM EDT

16:31 Wednesday, July 29, 2020 (RTTNews.com) - Equinix Inc. (EQIX) released a profit for second quarter that declined from last year.

The company's earnings totaled $133.30 million, or $1.52 per share. This compares with $143.53 million, or $1.69 per share, in last year's second quarter.

Analysts had expected the company to earn $1.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.5% to $1.47 billion from $1.38 billion last year.

Equinix Inc. earnings at a glance:

-Earnings (Q2): $133.30 Mln. vs. $143.53 Mln. last year.-EPS (Q2): $1.52 vs. $1.69 last year.-Analysts Estimate: $1.64-Revenue (Q2): $1.47 Bln vs. $1.38 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3115742/equinix-inc-q2-earnings-fall.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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