Welcome to our dedicated page for Equinix news (Ticker: EQIX), a resource for investors and traders seeking the latest updates and insights on Equinix stock.
Equinix Inc (EQIX) operates the world's largest network of interconnected data centers, powering digital transformation for enterprises globally. This news hub provides investors and industry professionals with timely updates on the company's strategic initiatives, financial performance, and technological innovations.
Access official press releases covering key developments including data center expansions, cloud partnership announcements, and interconnection platform enhancements. Our curated collection serves as a centralized resource for tracking Equinix's role in enabling secure hybrid cloud deployments and hyperscale infrastructure solutions.
Discover updates on Equinix's unique REIT structure, sustainability initiatives, and global market positioning across 25+ strategic metros. Content spans operational milestones, leadership changes, and industry recognition relevant to understanding the company's growth trajectory.
Bookmark this page for direct access to unfiltered financial disclosures and technical updates from the leader in digital infrastructure services. Check regularly for new developments shaping the future of enterprise interconnection ecosystems.
Equinix has declared a quarterly cash dividend of $3.10 per share on its common stock, to be paid on December 14, 2022. Shareholders of record as of November 16, 2022 will receive this dividend. The company emphasizes its role as a leader in digital infrastructure, enabling organizations to interconnect and scale efficiently.
Equinix also warns of various risks, including potential impacts from the COVID-19 pandemic, inflation, and competition, which may affect its future operational results.
Equinix reported Q3 2022 revenues of $1.8 billion, reflecting a 10% increase year-over-year and marking the 79th consecutive quarter of revenue growth. Despite a 2% decrease in net income to $212 million and earnings per share of $2.30, the company saw improved operating income of $333 million. Adjusted EBITDA rose 1% to $871 million. Annual guidance is set between $7.240 - $7.260 billion in revenues, indicating a 9-10% growth compared to the previous year.
Equinix (Nasdaq: EQIX) has announced a US$45 million investment to construct a new International Business Exchange™ (IBX®) data center, BG2, in Bogotá, Colombia, set to open in the first half of 2023. This facility will cover approximately 32,000 square feet and aims to strengthen the digital economy in Latin America. With a total investment nearing US$2 billion in the region since 2011, Equinix aims to support local businesses' digital transformation and enhance connectivity with global networks.
The Global Interconnection Index (GXI) 2023 report by Equinix highlights a significant surge in digital infrastructure investment. Businesses have expanded their digital operations over the past five quarters, connecting with three times as many partners and consuming more than twice the interconnection bandwidth. By 2025, global interconnection bandwidth is expected to exceed 27,762 terabits per second, reflecting a 40% CAGR. Also, 90% of Fortune 500 companies are projected to become digital providers by 2025, focusing on sustainability and ESG objectives.
Equinix (Nasdaq: EQIX) announced a significant expansion into Indonesia with a $74 million investment in a new International Business Exchange™ (IBX®) data center in Jakarta. This facility, set to open in the second half of 2024, will add over 1,600 cabinets and 5,300 square meters of colocation space. As Indonesia is poised to become a key digital economy hub in Southeast Asia, this expansion aims to enhance digital infrastructure and support local and multinational businesses. The facility will embrace sustainability in its design, aligning with the Indonesian government's digital transformation initiatives.
Equinix (Nasdaq: EQIX) has announced its quarterly conference call scheduled for November 2, 2022, at 5:30 p.m. EST. The call will discuss third-quarter results for the period ending September 30, 2022. Investors can listen in by dialing 1-517-308-9482 or via a live webcast on the company's website. A replay will be accessible one hour post-call until February 15, 2023.
Equinix positions itself as a leader in digital infrastructure, enabling organizations to enhance agility and speed while achieving sustainability goals.
Equinix (Nasdaq: EQIX) has launched a global foundation dedicated to enhancing digital inclusion, committing $50 million through share contributions to ensure sustainability. The Equinix Foundation will support organizations that provide equitable access to technology and education while addressing environmental sustainability. Employees will actively engage in identifying nonprofits to support. The foundation aligns with Equinix's Social Sustainability Strategy, aiming to bridge the digital divide, promote sustainability, and fulfill the company's commitment to the United Nations Sustainable Development Goals.
Equinix (Nasdaq: EQIX) has partnered with the Centre for Energy Research & Technology (CERT) at the National University of Singapore to explore hydrogen technologies for sustainable data centers. This initiative will evaluate proton-exchange membrane (PEM) fuel cells and fuel-flexible linear generators to assess their efficiency in reducing carbon emissions. The partnership, part of Equinix's Future First strategy, aims to develop proof-of-concept projects to support the company’s climate goals, including achieving climate neutrality by 2030.
Equinix (Nasdaq: EQIX), the global leader in digital infrastructure, announced its participation in two key investor conferences. The Bank of America Securities Media, Communications & Entertainment Conference will be held on September 8, where CFO Keith Taylor will present at 10:30 a.m. PT. Following that, the Goldman Sachs Communacopia & Technology Conference is set for September 12, featuring Karl Strohmeyer, Chief Customer & Revenue Officer, at 3:00 p.m. PT. Webcasts of both presentations will be accessible on the Equinix Investor Relations website.
Orange and Equinix have teamed up to expand the Orange Telco Cloud footprint using Equinix Metal's Bare Metal as a Service. This collaboration aims to speed up the deployment of Orange's New Generation International Network, enabling on-demand Telco Cloud Points of Presence by late 2022 in Amsterdam, Madrid, and Seattle. With an expected latency of under 10 milliseconds, this service will enhance offerings like SD-WAN and 5G roaming. The partnership allows Orange to meet customer demand faster, optimizing operational efficiency while supporting its goal of 100 Telco Cloud PoPs by 2024.
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