Equinix said its full-year 2023 revenues rose to $8.188 billion, up 13% on an as-reported basis and 15% on a normalized and constant currency basis. Operating income for the same period was $1.443 billion, an increase of 20%.

1. 01

   Equinix said its full-year 2023 revenues rose to $8.188 billion, up 13% on an as-reported basis and 15% on a normalized and constant currency basis. Operating income for the same period was $1.443 billion, an increase of 20%.

2. 02

   The company said its net income attributable to common shareholders for full-year 2023 was $969 million, up 38%, and net income per share was $10.31, up 34%. It cited operating performance strength and other income as factors, partly offset by higher income taxes.

3. 03

   Equinix guided to full-year 2024 revenues of $8.793 to $8.893 billion. It expects AFFO of $3.306 to $3.376 billion and AFFO per share of $34.58 to $35.31. The outlook excludes any capital market activities the company may undertake in the future.

4. 04

   The company said it recorded a record 90 megawatts of xScale leasing in 2023. It attributed the increase in hyperscale demand to support for AI and cloud deployments. It said total xScale leasing globally stood at 300 megawatts.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.