Reported 27 days ago
Equinix forecasts fourth-quarter revenue to surpass Wall Street estimates, driven by strong demand for data center services due to the ongoing artificial intelligence boom. The company anticipates revenue between $2.26 billion and $2.30 billion, slightly above analysts' expectations. CEO Adaire Fox-Martin noted the robust demand for AI-enabling infrastructure from diverse customers. Additionally, Equinix reported a 2% revenue increase to $2.20 billion for the third quarter, in line with estimates.
Source: YAHOO