Equinix Inc

EQIX: XNAS (USA)
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Equinix Earnings: Healthy Revenue and Record Profitability as Management Raises Guidance

Equinix posted 5% revenue growth, led by interconnection growth of 8%. The 50% adjusted EBITDA margin was a record, as Equinix continues to drive recurring revenue per cabinet, which was up 3% sequentially. Management slightly raised full-year guidance for revenue, adjusted EBITDA, and AFFO.

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