Equinix said it reported revenue of $2,159 million for Q2 2024 (3 months ended June 30), with net income of $301 million. Net income was $231 million in the prior quarter and $207 million in the same quarter a year earlier.

1. 01

   Equinix said it reported revenue of $2,159 million for Q2 2024 (3 months ended June 30), with net income of $301 million. Net income was $231 million in the prior quarter and $207 million in the same quarter a year earlier.

2. 02

   The company said operating income was $436 million for Q2, and cited strong operating performance and a gain on the sale of its Silicon Valley 12 xScale asset, which was contributed to the newly created Americas xScale joint venture, as factors in the increase from the previous quarter. Gain on asset sales in the income statement was $18 million for Q2.

3. 03

   Equinix said it expects full-year 2024 revenue of $8.692 to $8.772 billion and adjusted EBITDA of $4.066 to $4.126 billion, with an adjusted EBITDA margin of 47%. It expects AFFO of $3.310 to $3.370 billion, and said its adjusted EBITDA and AFFO outlook each include an underlying raise of $15 million.

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. Some paragraphs were omitted because their support in the source could not be confirmed.

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

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