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Equinix reports $3.5bn in gross profit as yearly revenue breaks record

The REIT’s financial report beats analysts’ estimates and pushes the group’s market cap closer to US$70 billion.

By João Marques Lima

Founder and Editor, The Tech Capital

6 Mins

February 16, 2023 | 11:22 AM GMT

Equinix reports $3.5bn in gross profit as yearly revenue breaks record

Charles Meyers, president and CEO of Equinix. Source: Equinix

The Tech Capital

Publicly traded digital infrastructure REIT Equinix (NASDAQ: EQIX) has reported a gross profit of US$3.51 billion for the year of 2022, up from US$3.16 billion the previous 12 months.

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João Marques Lima

Founder and Editor, The Tech Capital

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