Equinix Misses EPS Mark, Revenue Rises
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Equinix reported its Q4 2024 earnings, with revenue slightly below expectations but showing a 7.1% year-over-year increase. The EPS mark was missed, leading to a minor stock price decline.
February 12, 2025 | 11:15 pm
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Equinix's Q4 2024 earnings report showed revenue of $2.26 billion, slightly below the expected $2.27 billion, but a 7.1% increase year-over-year. The company missed its EPS target, resulting in a 0.89% decrease in stock price.
The slight revenue miss and failure to meet EPS expectations likely contributed to the 0.89% decline in Equinix's stock price. Despite the revenue growth, missing key financial targets can negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100