Equinix Inc
EQIX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^M | LOCK|m<bR | LOCK|B@>!!r<l |
Equinix Earnings: Strong Data Center Demand and Interconnection Growth Lifts Fair Value Estimate
Equinix reported solid third-quarter results, with sales up 5% and adjusted EBITDA up 10%. Demand has remained healthy amid the generational need for data centers. Annualized gross bookings rose 25% to $394 million.
