Last $224.18 USD
Change Today -2.22 / -0.98%
Volume 479.4K
EQIX On Other Exchanges
Symbol
Exchange
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As of 4:30 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

equinix inc (EQIX) Snapshot

Open
$227.89
Previous Close
$226.40
Day High
$227.89
Day Low
$223.65
52 Week High
02/20/15 - $238.81
52 Week Low
04/11/14 - $163.53
Market Cap
12.3B
Average Volume 10 Days
678.8K
EPS TTM
$-2.68
Shares Outstanding
54.9M
EX-Date
03/9/15
P/E TM
--
Dividend
$6.76
Dividend Yield
3.38%
Current Stock Chart for EQUINIX INC (EQIX)

equinix inc (EQIX) Details

Equinix, Inc. is a publicly owned real estate investment trust. It provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company provides colocation services and related offerings, including operations space, storage space, cabinets, and power for customers’ colocation needs; interconnection services comprising physical cross connect/direct interconnections, Equinix Internet Exchange, Equinix Cloud Exchange, Equinix Metro Connect, and Internet connectivity services; and managed IT infrastructure services, including installation of customer equipment and cabling, as well as equipment rebooting and power cycling, card swapping, and emergency equipment replacement services. Equinix, Inc. was founded in 1998 and is headquartered in Redwood City, California.

3,866 Employees
Last Reported Date: 02/19/15
Founded in 1998

equinix inc (EQIX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $764.6K
Chief Financial Officer
Total Annual Compensation: $489.6K
Chief Operating Officer
Total Annual Compensation: $440.4K
President of EMEA
Total Annual Compensation: $358.2K
President of Americas
Total Annual Compensation: $15.4K
Compensation as of Fiscal Year 2013.

equinix inc (EQIX) Key Developments

Equinix and ScienceLogic Collaborate to Accelerate Enterprise Cloud Adoption

Equinix, Inc. together with ScienceLogic announced a collaboration to simplify and ease enterprise migration to the cloud. As part of this agreement, ScienceLogic has deployed its monitoring services globally within Equinix International Business Exchange (IBX) data centers. By offering ScienceLogic's solution together with the Equinix Cloud Exchange, enterprise customers not only have their choice of cloud providers, but they also gain security, visibility and control over how they migrate and manage enterprise applications and workloads in the public cloud. Enterprise customers who are able to quickly migrate workloads to the cloud achieve agility, self-service and cost reduction benefits much earlier. Many companies struggle, however, with concerns around which workloads to migrate and the potential loss of management visibility. ScienceLogic addresses this issue for Cloud Exchange customers, with advanced discovery tools for existing on-premise workloads, enabling them to be sized and assessed as candidates for cloud migration. The solution supports Equinix's Cloud Exchange solution by validating the improved experience for customers through a single pane of glass that gives visibility into the entire IT infrastructure â “ whether on-premise or in the cloud.

Equinix, Inc. Reports Revenue for the Year Ended December 31, 2014

Equinix, Inc. reported revenue for the year ended December 31, 2014. The company reported revenues for the year ended December 31, 2014, were USD 2,443.8 million, a 14% increase over 2013. Recurring revenues, consisting primarily of colocation, interconnection and managed services were USD 2,317.8 million for the year, a 13% increase over 2013. Non-recurring revenues were USD 126.0 million for the year ended December 31, 2014.

Equinix, Inc. Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015

Equinix, Inc. announced consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenues of $638,121,000 against $564,677,000 a year ago. Income from operations was $127,826,000 against $124,989,000 a year ago. Loss before income taxes was $51,778,000 against income before taxes of $47,340,000 a year ago. Net loss attributable to company was $355,103,000 against net income of $45,187,000 a year ago. Diluted loss per share was $6.42 against diluted earnings per share of $0.88 a year ago. Net cash provided by operating activities was $202,297,000 against $166,706,000 a year ago, largely due to increased cash interest and taxes paid. Purchases of other property, plant and equipment was $238,477,000 against $202,841,000 a year ago. Ongoing capital expenditures were $73,120,000 against $68,059,000 a year ago. Adjusted EBITDA was $294,365,000 against $263,530,000 a year ago. Capital expenditures for the fourth quarter increased 53% from the previous quarter, primarily due to increased spending on expansion projects in the Frankfurt 4, London 6, New York 6, Silicon Valley 5 and Singapore 3 IBX data centers. For the year, the company reported revenues of $2,443,776,000 against $2,152,766,000 a year ago. Income from operations was $509,266,000 against $460,932,000 a year ago. Income before income taxes was $84,733,000 against $112,279,000 a year ago. Net loss attributable to company was $259,547,000 against net income of $94,685,000 a year ago. Diluted loss per share was $4.96 against diluted earnings per share of $1.89 a year ago. Net cash provided by operating activities was $689,420,000 against $604,608,000 a year ago. Purchases of other property, plant and equipment was $660,203,000 against $572,406,000 a year ago. Ongoing capital expenditures were $227,164,000 against $183,330,000 a year ago. Adjusted EBITDA was $1,113,891,000 against $1,000,898,000 a year ago. AFFO was increased by 12% to $761.7 million higher than expectations, mainly due to lower-than-expected recurring CapEx and cash taxes. For the first quarter of 2015, the company expects revenues to range between $634.0 and $638.0 million, which absorbs $19.0 million of negative foreign currency impact compared to fourth quarter of 2014 average FX rates, a normalized and constant currency growth of 3% quarter over quarter. Cash gross margins are expected to approximate 68% to 69%. Adjusted EBITDA is expected to range between $287.0 and $291.0 million, which absorbs $12.0 million of negative foreign currency impact compared to Fourth Quarter 2014 average FX rates, a normalized and constant currency growth of 3% quarter over quarter. Capital expenditures are expected to range between $195.0 and $205.0 million, comprised of approximately $25.0 million of recurring capital expenditures and $170.0 to $180.0 million of non-recurring capital expenditures. For the full year of 2015, total revenues are expected to be greater than $2,630.0 million, which absorbs $100.0 million of negative foreign currency impact compared to 2014 average FX rates, reflecting a normalized and constant currency growth rate of 12%. Total year cash gross margins are expected to approximate 68% to 69%. Adjusted EBITDA for the year is expected to be greater than $1,220.0 million, which absorbs $47.0 million of negative foreign currency impact compared to 2014 average FX rates, a normalized and constant currency growth rate of 15%. Adjusted funds from operations are expected to be greater than $810.0 million, or a normalized and constant currency growth rate of 12%. Capital expenditures for 2015 are expected to range between $700.0 and $800.0 million, comprised of approximately $115.0 million of recurring capital expenditures and $585.0 to $685.0 million for non-recurring capital expenditures.

 

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EQIX

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Valuation EQIX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 5.1x
Price/Book 5.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.7x
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