Equinix said full-year 2024 revenues were $8.748 billion, an increase of 7% from the prior year, and operating income was $1.328 billion, a decrease of 8%, reflecting $314 million in non-recurring charges.

1. 01

   Equinix said full-year 2024 revenues were $8.748 billion, an increase of 7% from the prior year, and operating income was $1.328 billion, a decrease of 8%, reflecting $314 million in non-recurring charges.

2. 02

   The company said net income attributable to common stockholders for full-year 2024 was $815 million, a decrease of 16%, and adjusted EBITDA was $4.097 billion with an adjusted EBITDA margin of 47%, a 160 basis-point improvement.

3. 03

   Equinix said it expects 2025 revenues to range from $9.033 billion to $9.133 billion, adjusted EBITDA to range from $4.386 billion to $4.466 billion with a margin of 49%, and AFFO to range from $3.606 billion to $3.686 billion.

4. 04

   The company announced in October the formation of a joint venture with CPP Investments and GIC with a value greater than $15 billion, and said it currently has 62 major projects underway in 36 markets across 25 countries.

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

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