Equinix (EQIX) guides for Q3 revenue of $538M-$542M, below a $561.5M consensus. 2013 guidance is...


Equinix (EQIX) guides for Q3 revenue of $538M-$542M, below a $561.5M consensus. 2013 guidance is for revenue of $2.135B-$2.145B, below a $2.2B consensus. The company says it's extending the period of time over which it recognizes non-recurring installation fees, something that impacted Q2 revenue by $5.8M and 2013 guidance by $16M. But that doesn't fully explain the shortfalls. Are Amazon and other cloud infrastructure providers taking a toll? Shares -8.7% AH, CC at 5:30PM ET (webcast). (PR) (Q2 results)

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs