Q1 2020 Equinix Inc Earnings Call

NEW YORK, NY / ACCESSWIRE / May 6, 2020 / Equinix, Inc. (NASDAQ:EQIX) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 6, 2020 at 5:30 PM Eastern Time. ...

Equinix, Inc. (REIT) (NASDAQ:EQIX) came out with its quarterly results last week, and we wanted to see how the...

Quarterly revenues increased 6% over the same quarter last year to $1.445 billion, or 7% on a normalized and constant currency basis, representing the 69

As the underlying asset categories and location of properties play a crucial role in determining REITs' performance, not all REIT types were equally challenged by the coronavirus pandemic in Q1.

There's something to be said for consistency through good times and bad, and one company that has had a staggeringly consistent track record is international data center vendor, Equinix. The company runs data centers where companies can rent space for their servers. Equinix handles all of the infrastructure providing racks, wiring and cooling -- and customers can purchase as many racks as they need.

EQIX earnings call for the period ending March 31, 2020.

Equinix (EQIX) intends to utilize the net proceeds from the share offering to fund the acquisition of selected data center sites and their operations that is currently in discussions.

They have recently beat the S&P; 500 Continue reading...

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that its executives will attend two upcoming investor conferences:

Moody's Investors Service (Moody's) upgraded Equinix, Inc.'s (Equinix) senior unsecured debt rating to Baa3 from Ba1. Moody's has also withdrawn Equinix's Ba1 corporate family rating, Ba1-PD probability of default rating and SGL-2 speculative grade liquidity rating.

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that its board of directors has declared a quarterly cash dividend of $2.66 per share on its common stock. The quarterly common stock dividend will be paid on June 17, 2020, to shareholders of record on May 20, 2020.

The real estate sector includes companies that own, develop, and manage residential, commercial, and industrial properties. Each of these three real estate segments includes publicly traded real estate investment trusts (REITs).

Decent demand and leasing for data-center facilities drive Digital Realty's (DLR) revenues in Q1.

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the pricing of an underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $665.00 per share. All shares of common stock to be sold in the offering are offered by Equinix. In addition, Equinix has granted the underwriters a 30-day option to purchase up to an additional 337,500 shares of its common stock. The offering is expected to close on May 14, 2020, subject to customary closing conditions.

Equinix (EQIX) delivered FFO and revenue surprises of 3.85% and -0.44%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Equinix (EQIX) delivers the 69th consecutive quarter of revenue growth in first-quarter 2020. Yet, integration costs and unfavorable foreign currency impacts hinder operating performance.

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it commenced a public offering of $1,250.0 million of its common stock. All shares of common stock to be sold in the offering will be offered by Equinix. In addition, Equinix intends to grant the underwriters a 30-day option to purchase up to an additional $187.5 million of shares of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

Baron Asset Fund recently published its first-quarter commentary – a copy of which can be downloaded here. During the first quarter of 2020, the Baron Asset Fund returned -16.63% (institutional shares). In comparison, the benchmark S&P 500 Index was down 19.60%, while the Russell Midcap Growth Index was down 20.04%. In the said letter, Baron Asset […]