Equinix Inc - EQIX STOCK NEWS

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.

Equinix, the world’s digital infrastructure company, announced that Bill Long, Global Head of Digital Interconnection and Networking, will present at the Cowen Communications Infrastructure Summit on August 9, 2022, at 3:25 p.m. MST. This presentation will be accessible via a webcast on the Equinix Investor Relations website, enhancing investor engagement and transparency. As a leader in digital infrastructure, Equinix empowers businesses to connect and scale their operations efficiently.

Equinix has appointed Scott Crenshaw as Executive Vice President & General Manager of Digital Services, effective August 1, 2022. In this newly created role, he will oversee the strategy and growth of Equinix's digital services, including offerings like Equinix Fabric and Equinix Metal. Crenshaw previously held leadership positions at Concourse Labs, Rackspace, and Red Hat, where he was instrumental in driving digital transformation and cloud services. His extensive experience is expected to enhance Equinix's ability to support global businesses in their digital infrastructure needs.

Equinix, Inc. (Nasdaq: EQIX) announced a quarterly cash dividend of $3.10 per share, payable on September 21, 2022, to shareholders of record by August 17, 2022. This declaration reflects the company’s commitment to returning capital to shareholders. Equinix is recognized as a leading digital infrastructure provider, facilitating global connectivity for businesses. The press release also includes forward-looking statements that outline potential risks impacting future results, such as competition and operational challenges.

Equinix reported Q2 2022 revenues of $1.8 billion, marking a 10% increase year-over-year and continuing its streak of 78 consecutive quarters of revenue growth. Operating income rose 19% to $318 million, with a net income of $216 million, up 47% from the previous quarter. Record gross and net bookings were driven by strong performance in the Americas and EMEA regions, contributing to more than 35% of total bookings. Despite a $20 million negative foreign currency impact, the company raised its annual guidance, projecting revenues of $7.259 - $7.299 billion.

Equinix Inc. (Nasdaq: EQIX) highlights findings from its 2022 Global Tech Trends Survey, revealing that 72% of IT decision-makers plan to expand their organizations within the next year. Despite economic uncertainties and supply chain challenges, 82% of APAC leaders express confidence in global expansion. Key investments will focus on digital infrastructure, with 47% prioritizing cloud deployment and 59% boosting interconnection services. Cybersecurity remains a critical concern, with 85% emphasizing its importance in expansion strategies.

Equinix, Inc. (Nasdaq: EQIX) has announced a quarterly conference call scheduled for July 27, 2022, at 5:30 p.m. EST to discuss its second quarter results for the period ending June 30, 2022. Investors can participate by dialing 1-517-308-9482 or via a live webcast on their Investor Relations page. A replay will be accessible from one hour after the call until October 26, 2022. Equinix positions itself as a leader in digital infrastructure, offering businesses a platform to interconnect foundational services that drive growth and service delivery.