EQIX Earnings Prediction
The chart below shows how EQIX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EQIX sees a +1.45% change in stock price 10 days leading up to the earnings, and a +4.48% change 10 days following the report. On the earnings day itself, the stock moves by -0.86%. This data can give you a slight idea of what to expect for the next quarter's release.
EQIX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.26B
7.13%
2.73%
Gross Margin
47.10%
-2.42%
-6.01%
Operating Margin
17.91%
7.31%
-8.76%
Net Margin
-0.62%
-105.75%
-104.61%
EPS
-0.14
-105.83%
-104.52%
No Data Available
EQIX Earnings Analysis
Equinix Inc Corporation (EQIX.O) Earnings Conference Call
Positive
Consistent Revenue Growth: Revenues for the full year were $8.7 billion, up 8% year over year, marking 22 consecutive years of quarterly revenue growth.
EBITDA Margin Improvement: Adjusted EBITDA reached $4.1 billion, reflecting a 160 basis point improvement in margins year over year.
AFFO Growth Performance: AFFO per share grew by 10% year over year, indicating strong performance in shareholder value creation.
Record Gross Bookings Achieved: The company achieved record gross bookings in 2024, with over 16,200 deals across more than 6,000 customers, showcasing robust demand.
Interconnection Revenue Growth: Interconnection revenue increased by 9% year over year, now representing 19% of recurring revenues, highlighting the strength of Equinix's interconnected digital ecosystems.
Negative
Impairment Charge Impact: Equinix recorded a $160 million impairment charge related to the end of sale of its metal product offering, indicating a significant negative impact on its financials.
Impairment Charge Impact: A one-off impairment charge of $73 million was recorded for the Hong Kong 4 asset, reflecting challenges in asset performance and valuation.
Restructuring Charge Impact: A restructuring charge of $31 million was incurred due to a reduction in force, highlighting cost management issues and potential operational inefficiencies.
EMEA Growth Challenges: The EMEA region experienced only 2% year-over-year growth, significantly lagging behind other regions and indicating potential market share loss or demand weakness.
Revenue Growth Challenges: Q4 revenues were impacted by a $22 million foreign exchange headwind, which, combined with deferred fees, suggests underlying revenue growth may be weaker than anticipated.
EQIX FAQs
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EQIX Earning Call Sentiment
Earnings call transcript: Equinix Q4 2024 shows robust growth, eyes AI future
EQIX.O
0.2%Positive
The earnings call presents a positive outlook with strong financial performance, increased revenue and EBITDA, and an optimistic guidance for 2024. The Q&A section highlights confidence in AI-driven growth and capacity expansion. The announced dividend increase further boosts shareholder sentiment. Despite challenges like capacity constraints and competitive pressures, the company's strategic investments and raised guidance indicate a positive market reaction.
