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Equinix Reports $14 Million Quarterly Loss
By USinMinutes - Feb 12, 2025, 04:12 PM ET
Last Updated - Feb 13, 2025, 01:59 AM EST
The company records $2.3 billion revenue for Q4 ended Dec 31, 2024
EQUINIX INC [EQIX] reported $14 million loss for Q4 ended Dec 31, 2024, showing a decrease of $310 million from the previous quarter.
The company revealed in its 8-K filing to the SEC dated Feb 12, 2025 that it generated revenue of $2.3 billion for the period, showing an increase of $60 million from the previous quarter.
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Based in Redwood City, California, the company reported $0.1 earnings per share for the period, compared to $3.1 in the last quarter.
The company's loss decreased by 104.73% from $296 million in the last quarter.
The revenue of Equinix, Inc. with 13.6 thousand employees on the rolls showed 2.72% an increase from $2.2 billion in the last quarter.
The revenue increased 7.16% from $2.1 billion in the same quarter of the previous year.
935.2 (11.73)
As of February 12, 2025 end of day trading.
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