Equinix Cuts FY23 Total Revenue Guidance From $8.171B-$8.251B To $8.166B-$8.206B, Est $8.20B
Portfolio Pulse from Benzinga Newsdesk
Equinix has reduced its FY23 total revenue guidance from $8.171B-$8.251B to $8.166B-$8.206B, which is slightly below the estimated $8.20B.
October 25, 2023 | 8:50 pm
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NEGATIVE IMPACT
Equinix's lowered FY23 revenue guidance may negatively impact its stock price in the short term.
Equinix's revised revenue guidance is slightly below the estimated $8.20B. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100