Equinix Revenue Outlook Below Views, Stock Slips

By | February 20, 2014

Scalper1 News

Equinix (EQIX) stock fell Thursday after the data center operator late Wednesday forecast current-quarter and full-year revenue below views. Equinix, however, reported Q4 EPS and revenue above expectations. Equinix said Q4 revenue rose 12% from the year-earlier quarter to $564.7 million, topping analysts estimate of $562.6 million. Profit increased 31% to 88 cents per share, beating estimates by 9 cents. Equinix stock was down 3% in afternoon Scalper1 News

Scalper1 News