Equinix Reports Strong Fourth-Quarter and Full-Year 2024 Results

Summary

Equinix, Inc. reported strong financial results for the fourth quarter and full year of 2024. The company saw a 7% increase in annual revenues to $8.748 billion, with significant operating leverage and a 10% increase in quarterly cash dividend to $4.69 per share. Adjusted EBITDA improved by 160 basis points to 47%, and AFFO increased by 11% to $3.356 billion. Equinix also provided guidance for 2025, expecting revenues between $9.033 and $9.133 billion and adjusted EBITDA between $4.386 and $4.466 billion.