trending Market Intelligence /marketintelligence/en/news-insights/trending/5Th6HSWv_klQUpGZhQi2_Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Equinix reports Q2 earnings gains YOY

TMT News & Research: 2020 Recap

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic


Equinix reports Q2 earnings gains YOY

Equinix Inc. posted year-over-year gains in second-quarter funds from operations and adjusted funds from operations and offered approximate AFFO guidance for the 2017 full year.

The company reported FFO of $219.8 million, compared to $201.5 million in the 2016 quarter. AFFO totaled $360.1 million, compared to $290.5 million a year ago.

Adjusted EBITDA totaled $509.3 million during the second quarter, compared to $420.3 million in the year-ago quarter.

The company forecast 2017 AFFO will range between $1.38 billion and $1.39 billion, which factors in $52 million of integration costs for acquisitions. Equinix in April had forecast an AFFO total for the year of more than $1.21 billion.