Equinix's Q4 AFFO & Revenues Miss Estimates, Dividend Hiked
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Equinix's Q4 results showed a miss in AFFO and revenues due to higher non-recurring charges, despite growth in colocation and inter-connection revenues. The company increased its dividend.
February 13, 2025 | 5:00 pm
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Equinix's Q4 results missed AFFO and revenue estimates due to higher non-recurring charges, but colocation and inter-connection revenues grew. The company increased its dividend.
The miss in AFFO and revenues is likely to negatively impact EQIX's stock price in the short term. However, the growth in colocation and inter-connection revenues and the dividend hike may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100