Welcome to our dedicated page for Equinix news (Ticker: $EQIX), a resource for investors and traders seeking the latest updates and insights on Equinix stock.
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Equinix, Inc. (Nasdaq: EQIX) has declared a quarterly cash dividend of $4.26 per share on its common stock, to be paid on June 19, 2024, to shareholders on record on May 22, 2024. Equinix is known as the world's digital infrastructure company®, providing a trusted platform for digital leaders to interconnect foundational infrastructure at software speed, enabling organizations to scale, launch digital services, and deliver world-class experiences.
Equinix reported first-quarter 2024 results with a 6% increase in quarterly revenues to $2.1 billion, closed 3,800 deals across more than 3,100 customers, and saw accelerated hyperscale demand driving 48 megawatts of xScale leasing in EMEA and APAC. Operating income increased by 5% to $364 million, net income rose to $231 million, and adjusted EBITDA reached $992 million. The company provided 2024 annual guidance projecting revenue of $8.692 - $8.792 billion, adjusted EBITDA of $4.044 - $4.124 billion, and AFFO of $3.290 - $3.370 billion.
Equinix, Inc. released its 2023 Integrated Sustainability Report, showcasing progress in environmental, social, and governance (ESG) goals. The company focuses on sustainability, renewable energy, efficiency, and inclusivity. Equinix aims for 100% renewable energy coverage by 2030, maintained 96% in 2023, improved energy efficiency by 8%+, and received top climate performance rankings. Notable achievements include emissions reduction, green bond issuance, wind and solar power purchase agreements, funding for digital inclusion, diversity goals advancement, employee volunteer hours increase, and governance recognitions.
